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Exxon Country Manager talks up safety

OilNOW -
ExxonMobil Guyana has reemphasized its commitment to a culture of safety by staging a related workshop for contractors today at the Guyana Marriott Hotel. The Contractor Safety Management Workshop focused on integrated planning, safe execution of work and safety leadership...
News

Guyana delegation all set for UK O&G conference

OilNOW -
The Georgetown Chamber of Commerce and Industry is currently seeking to strengthen its relationship with international oil and gas companies, as well as increase Guyana’s prominence as a prime location for foreign investment, by attending an upcoming major oil...
News

Guyana on the radar of every major oil company in the world

OilNOW -
The South American country of Guyana is on the radar of every major oil company in the world now that a total of 14 discoveries have been made offshore in just four years and it has been proven that...
News

Guyana oil prospects rapidly expanding with huge potential for national development

OilNOW -
Just over 4 years ago Guyana was virtually unknown in the world of oil and gas with no proven oil reserves and scores of failed attempts to find this precious commodity. Fast-track to 2019 and 15 percent of conventional...
News

Over 100 million barrels at Jethro; Tullow looking at standalone development

OilNOW -
(S&P Global Platts) Independent explorer Tullow Oil has made a significant oil discovery in its block in Guyana, which could hold over 100 million recoverable barrels, it said Monday. The company is "confident of the commercial value" of this prospect...
Exploration

Jethro oil deposit is like a 15-story high building stretching 20 km wide – Holzman

OilNOW -
Fifteen stories high and over 20 km wide, full of oil. That is the description given by Gil Holzman, Chief Executive Officer and Co-founder of Eco (Atlantic) Oil and Gas - junior partner in the 1800 km2 Orinduik Block...
Exploration

Yellowtail, Tilapia are biggest ‘high-impact’ oil discoveries so far for 2019

OilNOW -
ExxonMobil’s discoveries at the Yellowtail and Tilapia wells in the Stabroek Block offshore Guyana were the largest made in the first half 2019. Westwood Global Energy Group, in a report published on August 12, said high-impact exploration drilling activity increased substantially...
News

Liza Unity one of 3 multipurpose hulls under construction on SBM’s Fast4Ward®

OilNOW -
The 220,000 barrels per day Liza Unity Floating Production Storage and Offloading vessel is one of three oil production platforms currently being built under SBM Offshore’s Fast4Ward® programme. The Dutch floater specialist said on Thursday the Liza Unity hull, the...
News

CNOOC to take majority interest in West African petroleum licenses

OilNOW -
(Reuters) - Australian oil and gas explorer FAR Ltd, which holds a stake in licenses for oil drilling off the coast of West Africa’s Guinea-Bissau, said a unit of China National Offshore Oil Corp will take a majority stake...
News

Exxon earns $3.1 billion in Q2 2019 as Liza 1 approaches start-up

OilNOW -
Exxon Mobil Corporation on Friday announced estimated second quarter 2019 earnings of $3.1 billion, or $0.73 per share assuming dilution, compared with $4 billion a year earlier. Earnings included a favorable identified item of about $500 million, or $0.12...
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Keystone Consulting debuts at OTC: set to deliver grounded market intelligence on Guyana, region 

Houston, Texas, United States - Keystone Consulting (Guyana) Inc., a new research, marketing, and business intelligence firm, was officially...

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