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Exxon gearing up to spud third well at Canje block

ExxonMobil is preparing to conduct exploration drilling activities later this month at the Sapote-1 prospect on the Canje block offshore Guyana. The well site is situated approximately 126 nautical miles (233.4 kilometres) from the coast and covers an area...

Guyana’s role in the emerging green energy transition

By Arthur Deakin – OilNOW In a recent offshore oil & gas conference in Houston, Guyana's foreign minister said that the country’s economy is expected to grow 500% by 2030. Guyana’s current US$6.8 billion real GDP would ignite to nearly...

Hess, Chevron mandating vaccination for U.S. employees, other companies monitoring situation

(FOX Business) The U.S. energy industry is weighing in on COVID-19 vaccine mandates for employees as infections are on the rise following the spread of the delta variant. Hess Corporation says its U.S. operations employees working in the Gulf of...

Regulators, oil companies must look at cutting edge technology to lower emissions – Guyana VP

Maximum fiscal discipline and transparency will be required to ensure Guyana’s vast oil and gas resources are managed judiciously, the country’s Vice President, Dr. Bharrat Jagdeo has said. Authorities in the South American country are firm in their plan...

Brazil planning to expand Open Acreage program – could unlock smaller oil deposits

(S&P Global Platts) Brazil plans to expand the country's Open Acreage program to include exploration and production blocks inside the subsalt polygon that requires production sharing contracts in a move that could unlock development of smaller oil and natural...

Fire erupts at Pemex platform in Gulf of Mexico, injuring five

(Reuters) - A fire broke out on Sunday at an offshore platform in the southern Gulf of Mexico run by Petroleos Mexicanos (Pemex), injuring at least five people, the Mexican state oil and gas firm said. The blaze, which occurred...

Huge success for Guyana this year at largest oil conference in the world

Guyana was well represented at this year’s Offshore Technology Conference (OTC) by a delegation comprising companies, government agencies and business groups that left their mark at the Houston, Texas event where interest in the new oil producing country was...

Investments and opportunities growing in South America’s new oil producing nation

With Guyana approaching its second year as an oil-producing nation, the small South American country, with a population of approximately 750,000 continues to see increasing benefits from its resource-rich Exclusive Economic Zone (EEZ), in which its vast oil fields...

Guyana, Suriname discoveries span around 100 million years of deposition – Exxon Senior VP

The unprecedented discoveries in the Guyana-Suriname Basin formed the basis of discussions on day 3 of the Offshore Technology Conference at a session where key stakeholders shared their views and talked about upcoming exploration and production campaigns. Chief among...

Guyana-Suriname Joint Communique

JOINT COMMUNIQUE ISSUED ON THE CONCLUSION OF THE OFFICIAL VISIT TO GUYANA BY HIS EXCELLENCY CHANDRIKAPERSAD SANTOKHI, PRESIDENT OF THE REPUBLIC OF SURINAME  AUGUST 17-20, 2021 At the invitation of His Excellency Dr Mohamed Irfaan Ali, President of the Cooperative...

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Halliburton Latin America revenue up 22% to US$1.1 billion in Q1 2026

Halliburton reported stronger performance in Latin America in the first quarter of 2026, with revenue rising 22% year over...