Independent Data Services (IDS) has been awarded a six-figure fleet-wide deal with Stena Drilling, operator of the Stena Carron drillship, which has been on contract with ExxonMobil exploring for oil offshore Guyana. Following successful six-month operational trials on the Stena...

The carbon footprint of exploration and production companies (E&Ps) is having an increasing impact on investment levels, access to capital and – in some regions – the social license to operate. Rystad Energy has conducted a comprehensive company-level analysis...

(S&P Global Platts) Brazil's National Energy Policy Council, or CNPE, approved 92 offshore exploration and production concession blocks for sale at the country's pandemic-delayed 17th bid round set to be held in October, the National Petroleum Agency, or ANP,...

U.S. oil major ExxonMobil has spudded the Bulletwood-1 prospect located 180km offshore Guyana on the Canje Block.  Bulletwood is said to be highly prospective with an environment of disposition unique among offshore Guyana blocks in that it contains both...

SBM Offshore, builder and operator of the Liza Destiny FPSO has entered the first year of oil production offshore Guyana at the ExxonMobil-operated Stabroek block. The Liza Destiny FPSO is the first oil production vessel to be deployed to...

2020 was another eventful year for the exploration and production activities offshore Guyana led by U.S. oil major ExxonMobil at the prolific Stabroek block. The year started with Guyana’s first oil lift, the announcement of another discovery in January...

(S&P Global) The UAE's Sharjah National Oil Corp. and Eni have produced first gas from the Mahani field in Sharjah, one year after they announced the first onshore discovery in the country's third largest emirate in 37 years, the...

The proposed gas to power project in Guyana can potentially have the single most transformative impact on the new oil producing country, promising significant benefits to the population. Most notable is that there are no technical barriers that prevent...

Experts in the oil and gas industry believe that more oil could be discovered closer to Guyana’s shoreline in the coming years with one official saying that the hydrocarbon resources found at the Stabroek block so far is just...

By the time ExxonMobil acquired rights to explore the 6.6 million-acre Stabroek block 120 miles offshore Guyana, 22 wells, from as far back as the 1970s, had already been drilled by other companies on the coastal shelf outside the...