Showing results for:

Guyana, Houston business groups hold talks, looking at upcoming trade missions

Officials from the Georgetown Chamber of Commerce and Industry (GCCI) and the Greater Houston Partnership held discussions this week on the sidelines of the Offshore Technology Conference. GCCI President, Timothy Tucker, told OilNOW on Tuesday the discussions focused on strengthening...

Guyana: Beating the Resource Curse

By Terrence R. Blackman, Ph.D. – OilNOW ExxonMobil initiated oil and gas exploration activities in Guyana in 2008. The company drilled, safely, its first exploration well, Liza-1, in 2015. The Payara, Snoek, Liza Deep, and Turbot discoveries followed in 2017,...

Energy Chamber inks ‘capacity building’ agreements at Houston conference

President of the Guyana Oil & Gas Energy Chamber (GOGEC), Manniram Prashad on Tuesday signed two Memorandums of Understanding at the Offshore Technology Conference (OTC) in Houston, Texas. GOGEC said the MOUs are underpinned in the spirit of mutual...

Guyana Liza Project takes centre stage on day 1 of OTC

A technical session on Guyana’s Liza project drew a capacity audience on Monday at the Offshore Technology Conference (OTC) being held in Houston, Texas. Presentations were made by several ExxonMobil representatives covering the company’s exploration history in the Guyana basin,...

Guyana looking to use deepwater resources for above ground prosperity

Just a little over six years ago, Guyana’s economic prospects were based entirely on its traditional sectors such as gold, diamond, other mineral production, forestry and agriculture. Oil and gas production played no role in the country’s development. Then...

Guyana oil wells among deepest, most complex in region

Updated August 15, 2021 Over 100 exploration wells are expected to be drilled in South America outside Brazil over the next 5 years and Norway-based Rystad Energy has said most of the action could be found off the northern shelf...

Guyana, Brazil and Mexico best positioned to attract investors willing to take risk

The deepwater plays in Guyana, Brazil and Mexico will provide significant opportunities for these countries to help meet the oil and gas demand in coming years as supply shortfalls due to energy transition trends take hold. "Demand for oil will...

Exxon seeking EPA approval for major 12-well drill campaign at Canje block

Exploration and appraisal drilling offshore Guyana is set to get even busier with more wells now being targeted at the Canje block where two non-commercial prospects have been spudded so far. The Environmental Protection Agency said in a notice...

Guyana amends Petroleum Law to protect use of private lands in multimillion dollar projects

Members of Guyana's National Assembly on Monday debated and passed the Petroleum (Production and Exploration) Amendment Bill-2021 which will now ensure proper oversight by the government during the acquisition of private lands by a licensee for major oil projects....

Guyana oil exploration takes place at depths of over 30 Kaieteur Falls

Oil and gas exploration activities offshore Guyana take place at significant depths with the Tanager-1 well spudded on the Kaieteur block being the deepest well ever to be drilled so far by ExxonMobil off the South American country’s coast. Tanager...

Latest News

Stena Carron named Wells Alliance Guyana rig of the quarter after a decade of operations offshore Guyana

Wells Alliance Guyana has named the Stena Carron drillship ‘Rig of the Quarter’, a recognition announced by Stena Drilling...