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Tullow farms into Comoros

Tullow Oil plc which has a 60% working interest in the Orinduik block offshore Guyana, announced on Thursday that it has agreed with Discover Exploration Ltd to farm into Blocks 35, 36 and 37, offshore the Union of the...

Eco Atlantic ‘fully funded to drill’ with completion of Total farm-out in Guyana

Eco (Atlantic) Oil & Gas Ltd which has licenses in highly prospective regions offshore Guyana and Namibia, announced on Thursday the completion of its Farm-Out Agreement with Total Petroleum's subsidiary Total E&P Activités Pétrolières on Eco's Orinduik block, offshore...

‘Long-lasting’ relationship being forged between Guyana and North Sea

(Energy Voice) Diplomats yesterday praised the “long-lasting relationship” being forged between Aberdeen and the South American nation of Guyana, while on a trade mission to the city. The Guyanese ambassador to the UK, Frederick Hamley Case and the British high...

Deepwater CAPEX to hit US$60B by 2022: Guyana among countries pushing rise

South American emerging oil and gas powerhouse, Guyana, is listed among a handful of countries pushing a rise in annual deepwater capital expenditure. In a newly published report, Wood Mackenzie notes that the deepwater industry appears in good health, following...

Liza Phase 2 Environmental Impact Assessment approved

The Environmental Protection Agency (EPA) in Guyana has approved the final Environmental Impact Assessment Report for ExxonMobil affiliate Esso Exploration and Production Guyana Limited’s (EEPGL) Liza Phase 2 Development Project. The EIA covers development of production facilities in the...

Historic Guyana-Aberdeen Trade Mission on this week

British High Commissioner to Guyana, Greg Quinn, will be leading a delegation of Guyanese business representatives to Aberdeen, Scotland from November 27 to 29. Aberdeen is considered the oil capital of Europe and the number of jobs that have been created by the...

Favourable reservoir conditions and break-evens for development make Guyana a safe bet

US oil major ExxonMobil is rapidly developing vast oil reserves discovered off the Guyana coast in what analysts say are ideal conditions for a solid return on investment that will result in massive revenue for the company and its...

US support shows all parties now consider Venezuelan claim “unacceptable and fabricated”- Greenidge

Guyana’s Foreign Affairs Minister Carl Greenidge has described as significant, the decision taken by the United States of America to stand behind Guyana on the controversy with neighbouring Venezuela. At a farewell reception for US Ambassador Perry Holloway on Friday...

Alan Rootenberg sells 16,500 shares of Eco Atlantic stock

Eco Atlantic Oil & Gas Ltd (CVE:EOG) insider Alan Rootenberg sold 16,500 shares of the company’s stock in a transaction on Monday, November 12th. The stock was sold at an average price of C$0.85, for a total transaction of C$14,025.00. Shares...

Chevron, ExxonMobil weigh bids for Endeavor Energy

(Bloomberg) Chevron Corp. and Exxon Mobil Corp. are among the companies considering first-round bids this month for closely held oil producer Endeavor Energy Resources LP, according to people with knowledge of the matter. The two oil majors may be joined...

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Suriname’s National Debt Chief resigns amid enhanced financial scrutiny of NDP government 

PARAMARIBO, SURINAME - Malty Dwarkasing has resigned as Suriname’s Administrator-General of the National Debt Office. Dwarkasing submitted her resignation...