(JPT) A busy week for ExxonMobil marked a continued company-wide transition for the world’s largest public oil and gas firm, headlined by its withdrawal from once-promising Russian joint ventures and its announcement of a seventh oil discovery off Guyana.
According...
The arrival of the Noble Bob Douglas drill ship in Guyana will signal the start of development of the Liza field which will bring first oil for the South American country in March 2020.
The vessel is currently en-route to...
(Malay Mail) PC GAbon Upstream SA (PCGUSA), a subsidiary of Petroliam Nasional Bhd (Petronas), has discovered oil and gas at its Boudji-1 exploration well in Block F14 (Likuale), South Gabon.
Petronas said the discovery marked a significant milestone for Petronas...
Guyana’s Private Sector Commission (PSC) is spearheading a seminar scheduled to be held on Tuesday that will focus on opportunities and perspectives for the local business community in the country’s emerging oil and gas sector.
PSC Chairman, Eddie Boyer, told...
(Energy Voice) According to its latest world floating production systems tracker, capital expenditure will hit $51 billion in the next five years.
Westwood says 17 orders are expected to be made this year, up from 15 in 2017 and zero...
An Oil and Gas Master Plan developed by Mitsubishi Corporation and Chiyoda Corporation in collaboration with the Government of Japan is currently being reviewed by authorities in the South American country of Guyana.
According to a statement from the Ministry...
The presence of a thick, black substance at the Guyana seashore is not as a result of oil exploration activities, according to ExxonMobil Guyana.
This was confirmed by the company following reports in sections of the Guyanese media about the...
Exxon Mobil Corporation (NYSE:XOM) announced Thursday that it will become the first founding member of the new Stanford Strategic Energy Alliance, an initiative that will examine ways to improve energy access, security and technology while reducing impacts on the environment. As...
The short distance between the Payara and Pacora reservoirs offshore Guyana allows for a combined development utilizing a single Floating Production Storage and Offloading (FPSO) vessel. This would push the number of development projects offshore the South American country...
Under the Production Sharing Agreement (PSA) between ExxonMobil affiliate Esso Exploration and Production Guyana Ltd., its partners Hess and CNOOC Nexen and the Government of Guyana, movements in the price of oil will directly impact the revenue the country...
Gas from ExxonMobil’s newly sanctioned Hammerhead development will begin flowing immediately through Guyana’s Gas-to-Energy (GtE) pipeline once production starts...