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Stena Drilling hits milestone with 50 managed pressure wells and 10 rig years of operation

OilNOW -
Stena Drilling announced it has drilled 50 Managed Pressure Drilling (MPD) wells and logged just under 4,000 MPD well days. In a recent post on LinkedIn, Stena said the figure represents over 10 rig years of MPD operations using Surface...
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bp makes largest oil & gas discovery in 25 years

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bp announced a major oil and gas discovery at the Bumerangue prospect in deepwater offshore Brazil, its tenth discovery of 2025 and the company’s largest in 25 years. The company stated that the 1-BP-13-SPS exploration well was drilled in the...
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Guyana gasoline prices now lowest in the region

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Guyana recorded the lowest gasoline price in the Caribbean region in July, well below the global average, according to data shared by the Energy Chamber of Trinidad and Tobago last Thursday. The Chamber’s analysis, which drew on figures from globalpetrolprices.com,...
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Arbitration outcome disappointing but changes nothing with respect to Guyana operations – Exxon

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ExxonMobil Chief Executive Officer Darren Woods has expressed disappointment with the recent arbitration ruling on Chevron’s acquisition of Hess Corporation but emphasized that the decision does not alter its operations in Guyana. “While disappointed, we respect the process and the...
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ExxonMobil eyes more merger and acquisition opportunities across all sectors

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ExxonMobil is actively pursuing more mergers and acquisitions (M&A) across its business segments, with a sharp focus on value creation rather than volume. “We’re continuing to keep a really close eye on the waterfront, see where the opportunities are, do...
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Platts to launch assessment of Guyana’s Golden Arrowhead crude on Aug. 4

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Platts, the pricing benchmark unit of S&P Global Commodity Insights, will start publishing a daily assessment of Guyana’s Golden Arrowhead crude today, providing an independent valuation of the country’s newest oil grade ahead of its expected production start this...
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Stabroek Block is oil industry’s biggest find in 15 years – Exxon CEO

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ExxonMobil’s Chief Executive Officer, Darren Woods, says the Stabroek Block offshore Guyana is the industry’s biggest oil discovery in the last 15 years and ranks among the most successful developments in deepwater history. “One of our most important advantaged assets...
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TotalEnergies sees upside for Suriname oil project as plateau could stretch to 240,000 b/d

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TotalEnergies’ upcoming project offshore Suriname may exceed its planned production plateau of 220,000 barrels of oil per day (b/d), with Chairman and CEO Patrick Pouyanné saying the development could potentially handle up to 240,000 b/d. The GranMorgu project, located in...
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Hunting Subsea delivers titanium joints for Exxon’s Uaru project

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Hunting Subsea Technologies has successfully delivered eight titanium stress joints for ExxonMobil’s massive Uaru oil development offshore Guyana, the company said in a recent statement. The components will be integrated into the Errea Wittu floating production, storage and offloading (FPSO)...
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Energy Guyana launches special edition magazine celebrating ’10 Years of Oil in Guyana’

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Georgetown, Guyana – Energy Guyana has released a landmark special edition publication titled "Energy Nation: 10 Years of Oil in Guyana", marking a decade since the transformative discovery of oil in the Stabroek Block (Click here to view). The...
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A look at Guyana’s engineering masterpiece, the New Demerara Bridge

Guyana’s skyline has a new landmark. On October 5, the much-anticipated New Demerara River Bridge officially opened,  a 2,800-meter...

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