This week marks one year since a new government was sworn into office in Guyana following a 5-month ordeal that threatened the South American country’s fragile democracy. The Guyana Elections Commission (GECOM) declared the opposition People’s Progressive Party Civic...
By Terrence R. Blackman, Ph.D. – OilNOW
In a recent news report, CGX Energy Inc announced that the drilling of the Kawa-1 well, the first well at the Corentyne Block offshore Guyana, is set to commence before August 15. This undertaking...
The full gas compression system on the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel is now operating, ExxonMobil said in an update on Friday.
OilNOW understands that the team continues to perform maintenance and optimization activities with the...
The Guyana government is pushing for major expansion of exploration and development of its vast hydrocarbon resources offshore and said it will be doing so with the highest level of compliance and transparency.
Natural Resources Minister, Vickram Bharrat said Wednesday...
ExxonMobil announced on Wednesday that it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the...
ExxonMobil will be hiring Guyanese to work on the construction of the gas-to-energy project which is expected to take off next year once the relevant approvals are granted by the Environmental Protection Agency (EPA) and Guyana government.
The company has...
In addition to providing more affordable energy, the US$900 million Gas-to-Energy project being pursued by the Guyana government in partnership with ExxonMobil will also provide an avenue for the advancement of industrialization in the new oil producing country.
This is...
ExxonMobil affiliate Esso Exploration and Production Guyana Ltd (EEPGL) is set to undertake geotechnical and geophysical pipeline route surveys within Guyana’s Exclusive Economic Zone.
According to the Maritime Administration Department (MARAD), this exercise is scheduled to conclude on October 15,...
By Terrence R. Blackman, Ph.D. – OilNOW
Part 1
On June 09, 2021, ExxonMobil announced newly identified, high-quality hydrocarbon-bearing reservoirs below the original Longtail-1 at Longtail-3 offshore Guyana. The well, located approximately two miles (3.5 kilometers) south of the Longtail-1 well,...
Joe Kang, President of the International Gas Union (IGU), whose members represent more than 95% of the global gas market, says gas supply is a catalyst for the energy transition. In a conversation with Daniel Yergin, Vice Chairman at...
