Oil and gas supply chain companies have seen their profits squeezed since the E&P cost cuts of the previous downturn – and just as the industry could finally hope for better days, the coronavirus pandemic caused the value of...
Guyanese aviation company, Trans Guyana Airways, has been working with several local firms to provide services and key support to the oil and gas industry. The aviation company said through the support of ExxonMobil Aviation Services, it has been...
(Reuters) - The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo.
The move appears...
The Guyana Oil and Gas Energy Chamber (GOGEC) says it plans to play a major role in the development of the country’s oil and gas sector and will be ramping up activities this year to focus on local content...
Drilling at the Hassa-1 prospect in the Stabroek block offshore Guyana has failed to encounter hydrocarbon resources, ExxonMobil said on Friday in response to a question from OilNOW.
“The Hassa-1 exploration well in the Stabroek block did not encounter hydrocarbons...
Total and Apache Corporation said on Thursday they have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West...
Independent Data Services (IDS) has been awarded a six-figure fleet-wide deal with Stena Drilling, operator of the Stena Carron drillship, which has been on contract with ExxonMobil exploring for oil offshore Guyana.
Following successful six-month operational trials on the Stena...
The carbon footprint of exploration and production companies (E&Ps) is having an increasing impact on investment levels, access to capital and – in some regions – the social license to operate. Rystad Energy has conducted a comprehensive company-level analysis...
(S&P Global Platts) Brazil's National Energy Policy Council, or CNPE, approved 92 offshore exploration and production concession blocks for sale at the country's pandemic-delayed 17th bid round set to be held in October, the National Petroleum Agency, or ANP,...
U.S. oil major ExxonMobil has spudded the Bulletwood-1 prospect located 180km offshore Guyana on the Canje Block. Bulletwood is said to be highly prospective with an environment of disposition unique among offshore Guyana blocks in that it contains both...
