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Liza Phase 1 moves into ‘peak execution’ – ExxonMobil

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ExxonMobil said on Monday that work on the Liza Phase 1 development offshore Guyana is progressing and has moved into its peak execution phase ahead of expected startup in early 2020. “Drilling of development wells in the Liza field is...
News

Venezuela urged to back off as Guyana vows to continue offshore exploration, development

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Guyana’s Foreign Minister, Carl Greenidge, said on Thursday that the oil-rich South American country has no intention of slowing down offshore exploration and development activities and reiterated that companies operating in the Stabroek Block will continue to execute their...
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‘Political developments’ won’t derail Guyana’s O&G preparations – Persaud

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Guyana's former Minister of Natural Resources and the Environment Robert Persaud believes that the current trajectory that the country is on with regards to its oil and gas preparations will be maintained notwithstanding the recent collapse of the coalition...
News

ExxonMobil says exploration and development drilling in Guyana unaffected following Venezuela navy incident

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ExxonMobil said on Wednesday that drilling and development operations offshore Guyana are unaffected by an incident which occurred on Saturday, December 22, in which survey vessels contracted by the company were intercepted in the Stabroek Block by the Venezuelan navy. In...
News

Noble Tom Madden’s contract with Esso ends February 2019

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The contract for the drillship Noble Tom Madden, which has been drilling exploration wells in the Stabroek Block offshore Guyana for ExxonMobil affiliate Esso Exploration and Production Guyana Ltd., is scheduled to come to an end mid February 2019,...
News

Hess to plug hundreds of millions into Guyana operations in 2019

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Hess Corporation (NYSE:HES) said on Monday it intends to plug several hundred million dollars into exploration and development operations offshore Guyana in 2019 as part of what the company describes as its ‘peak spend year’ for the Liza Phase 1...
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Guyanese businesses link up with Liza Phase 1 Prime Contractors at supplier forum

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ExxonMobil Guyana and the Centre for Local Business Development opened its Liza Phase One Supplier Development Forum on Monday at the Guyana Marriott Hotel in the country’s capital, Georgetown. Country Manager of ExxonMobil Guyana, Rod Henson, explained that, “We host...
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ExxonMobil’s 10th discovery should not be seen as “just another announcement” – Dr. Bynoe

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ExxonMobil’s 10th offshore discovery should not be seen as “just another announcement,” according to Director of the Government’s Energy Department in Guyana, Dr. Mark Bynoe. The US oil giant on Monday announced its latest discovery at the Pluma-1 well –bringing...
News

Liza Phase 2 Environmental Impact Assessment approved

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The Environmental Protection Agency (EPA) in Guyana has approved the final Environmental Impact Assessment Report for ExxonMobil affiliate Esso Exploration and Production Guyana Limited’s (EEPGL) Liza Phase 2 Development Project. The EIA covers development of production facilities in the...
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Liza Destiny ready for topside modules

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Dutch floater specialists SBM Offshore says work on the 1.6-million-barrel capacity Floating Production Storage and Offloading (FPSO) vessel – Liza Destiny, is progressing on schedule with all systems in place for delivery in 2019. SBM said that after finishing the...
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Two oil nations, one engineering crisis: Guyana short, Trinidad shrinking

The challenge of producing and retaining engineers is playing out in two different ways in Trinidad and Tobago and...

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