New oil producer Guyana has been at the top of the global list for discovered resources since U.S oil major ExxonMobil made its first world class discovery in 2015. The company has made a total of 18 discoveries out...

Guyana is on a transformational journey as a result of the benefits of the oil and gas industry, and the United States’ Ambassador to Guyana, Sarah Ann-Lynch says that key to the country’s balanced growth is the creation of...

Just over a year since oil production began at the Stabroek block offshore Guyana, the government secured its highest price yet for the export of Liza crude in February, coming in wake of a 12-month period that saw massive...

The drill ship Stena Carron is on a back-to-back exploration campaign offshore Guyana at the ExxonMobil-operated Stabroek and Canje blocks where it has already spudded one prospect and will be moving to drill the other later this week. “The Stena...

Preparations are underway on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel for the return of the flash gas compressor and silencers from MAN Energy solutions in Germany. ExxonMobil Guyana said in an operations update on Monday that...

The success rate of global conventional oil and gas exploration has declined in recent years, but the most painful blow has been to onshore wildcat wells, a Rystad Energy analysis reveals. In 2020, the success rate of these drilled...

French oil major total has confirmed that plans are underway to begin developing oil fields at Suriname’s Block 58 as early as 2025, around five years after the first major discovery was made at Maka Central-1, mirroring the rapid...

The Environmental Permit issued to ExxonMobil Guyana on June 1, 2017 by the Environmental Protection Agency (EPA) for the Liza Phase 1 Development allows for flaring under certain conditions and outlines measures that should be compiled with when such...

The resource potential of the Guyana-Suriname basin where ExxonMobil has to date made a total of 19 discoveries (18 in Guyana and 1 in Suriname) is estimated to contain more than 18 billion barrels of oil equivalent resources, the...

Originally published in the Geological Society of Trinidad and Tobago (GSTT) HAMMER Magazine – February 2021 The CARICOM region is now one of the hot spots globally for oil and gas activity, with most of the drilling taking place in Guyana...