News

Ranger still holds ranking as Exxon’s deepest well drilled in Guyana’s Stabroek Block 

ExxonMobil has made over 30 discoveries in Guyana’s Stabroek Block, but none have managed to boot the Ranger-1 well from its rank as the deepest to ever be drilled. The Ranger discovery, made in 2018,...

Exxon to return portion of Stabroek Block to State: here’s what’s not included

ExxonMobil is set to relinquish a portion of the 6.6-million-acre Stabroek Block in October, as it moves on to the final phase of the exploration period. The petroleum agreement governing operations at this block dictates that Exxon should relinquish at...

How a Silicon Valley startup’s experiment in Guyana can inform U.S. health care

Innovative telehealth solutions are revolutionizing remote medicine in oil-rich Guyana, but their adoption in the U.S. is stifled by over-regulation. By Arick Wierson, Observer Despite all the astonishing advancements in medicine in the U.S. in recent years, policymakers and health care providers have yet to come...

With or without U.S. Exim Bank loan, Guyana’s gas project to go ahead 

If there is one thing the government is sure of, it’s the successful execution of Guyana’s Gas-to-Energy project, with or without the loan it requested from the U.S. Exim Bank.  The delays in its approval have caused some uncertainty.  But according...

TotalEnergies’ considers cuttings disposal options in Guyana and Trinidad for Block 58 project

For TotalEnergies' Block 58 project, drill cuttings from the four wells near environmentally sensitive areas may be disposed of onshore in Guyana or Trinidad and Tobago. This is according to the environmental and social impact assessment submitted to Suriname’s...

Baker Hughes achieves fastest open water work in Guyana wells team history

Baker Hughes said it set a new benchmark for open water drilling in Guyana, completing a 26-inch section with “unprecedented speed and efficiency.”  The company reported a 40% increase in on-bottom rate of penetration (ROP) and a 61% reduction in...

Exxon probing target at gas field off Guyana coast  

ExxonMobil is continuing drilling activities at the Haimara-4 wellsite, located approximately 125.4 nautical miles (232.1 kilometers) off the Coast of Guyana, covering an area of 0.29 square nautical miles (1 square kilometer). This is according to a notice from the Maritime...

TotalEnergies to hold stakeholder meeting for Suriname’s first deepwater development

Total Energies EP Suriname B.V. will host a stakeholder meeting on August 28, from 9:00 AM to 11:00 AM, at the Royal Ballroom Torarica in Paramaribo, a notice outlined.  The meeting will be conducted in Dutch, with English slides, and...

Exxon’s projects in Guyana to drive significant subsea tree installations in 2024 – Rystad Energy 

ExxonMobil's expanded operations are set to boost subsea tree installations in 2024, with a projected 12% contribution, according to Rystad Energy. This surge follows Equinor, which accounted for 17% of total subsea tree installations this year. Exxon's focus is...

ODITC advances Guyanese search and rescue training for offshore safety

ODITC the collaborative venture of 3t EnerMech, Orinduik Development Incorporated, and Windsor Technologies plays a crucial role in enhancing the search and rescue (SAR) capabilities of Guyanese personnel in the offshore industry. The company supports the OMNI SAR training...

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BREAKING! Petronas makes another discovery in gas-rich Block 52

President of Suriname, Jennifer Geerlings Simons moments ago said Petronas informed her just this morning that it made another...