ExxonMobil has submitted an extensive Cumulative Impact Assessment (CIA) to cover its planned 35-well drill campaign in the 6.6 million acres Stabroek Block. The document outlines that Exxon’s proposed campaign aims to discover new and re-evaluate existing recoverable hydrocarbons from...

Brazil’s Ministry of Mines and Energy froze the state-controlled Petrobras’ sale of assets as the new Lula administration looks to implement a new energy policy. Petrobras reported the suspension from the Ministry last 90 days, while a reassessment of the...

In narrowing their focus on the northern section of the Corentyne Block, the co-venturers have completed a farm-in agreement that increased Frontera Energy’s stake to 68% and decreased CGX Energy’s stake to 32%. CGX announced the completion last Wednesday. The farm-in...

GO NDE Inc. has teamed up with Global Compliance Service Inc. to grant 24 Guyanese nationals an opportunity to fast-track their introduction to the oil and gas industry through its newly developed “Learn & Earn” Training program. GO NDE said...

Guyana and India are on the brink of inking a trailblazing Memorandum of Understanding (MoU) on the energy sector. The document which is currently being reviewed by India’s Cabinet could allow for the purchase of Stabroek Block crude, capacity...

Construction on a new multi-purpose facility kicked off Friday at Palmyra, Berbice with a GY$3.7 billion (approximately US$17.7 million) contribution from the Greater Guyana Initiative (GGI), funded by the Stabroek Block partners. The facility is being built by Caribbean Green...

Robust FY 2022: Adjusted revenue of €6.4bn and adjusted recurring EBIT margin of 7.0%, up 50bps Y/Y Strong EPS growth supports proposed dividend of €0.52/share, up 16% Y/Y Substantial growth in TPS backlog, up 63% Y/Y, reinforcing T.EN’s differentiated hybrid model Initiate...

Noble Corporation said its revenue from contract drilling services for the fourth quarter of 2022 totaled US$586 million compared to US$289 million in the third quarter. It said the increase is primarily attributable to the business combination with Maersk...

ExxonMobil Guyana has commenced geotechnical and geophysical surveying operations in the vicinity of the Demerara  main ship channel and off the West Coast of Demerara in the vicinity of Plantation Best. ExxonMobil Guyana’s Media Advisor, Kwesi Isles explained, “The surveys,...

bp and partners today confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that they will take forward to the next stage of evaluation. The partnership – composed of...