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...

With the commissioning of the gas compression system on the Liza Destiny FPSO and reduction of flaring to pilot levels, ExxonMobil says the lessons learnt from the issue which resulted in a prolonged period of flaring are being factored...

Flaring at the Liza Destiny FPSO has been reduced to pilot levels and the vessel is now producing oil at full capacity of 120,000 barrels per day. The FPSO, designed to ensure there is no routine flaring in its...

‘First movers’ and their small independent partners/companies take risks in acquiring exploration licenses for offshore blocks, as there is no guarantee that they will find a large partner to farm into these blocks. This is according to President of...

The National Gas Company of Trinidad and Tobago Limited (NGC) signed a natural gas supply agreement with Primera Oil and Gas Limited, a subsidiary of Canadian energy exploration company Touchstone Exploration on Friday December 18, 2020. Primera, acting on...

Strategic Recruitment Solutions Inc (SRSGY) a Guyanese company focused on providing Human Resource Management and Payroll Solutions, today announced it has earned ISO 9001:2015 certification for its quality management system. ISO 9001:2015 is a globally recognized quality management standard developed...

Recruitment firm El Dorado Offshore (EDO) is looking to establish a training institute in Guyana as part of efforts to enhance the capacity and skills of those in the South American country looking to tap into opportunities in the...

A drill-stem test operation is set to get underway at the Redtail-1 well site located 103 nautical miles off the coast of Guyana at the Stabroek block. Redtail-1 is ExxonMobil’s 18 discovery on the block, announced in September. The well...

(S&P Global Platts) Brazil's National Energy Policy Council, or CNPE, dealt a sharp blow to the country's offshore exploration and production program by removing 32 high potential but environmentally sensitive offshore blocks from the upcoming 17th bid round during...

(S&P Global) Russian state-owned oil and gas producer Rosneft said December 9 that it has discovered a large new gas field in the Arctic Kara Sea. Rosneft is playing a key role in Russia's Arctic strategy, which aims to capitalize...