Development drilling at ExxonMobil’s Whiptail well site in the Stabroek Block continues with the Noble Sam Croft, according to a public notice by the Guyana Maritime Administration Department (MARAD).  Activities are expected to conclude on August 31 at the site,...

Eco (Atlantic) Oil & Gas plans to drill one exploration well at the Orinduik Block offshore Guyana in the first half of 2025.  The company said in a July presentation that it is focused on multi-million barrel stacked pay targets...

ExxonMobil’s Hammerhead development will be a “stand alone” project, according to the summary submitted to Guyana’s Environmental Protection Agency (EPA).  Potentially, additional resources can be tapped, if determined to be feasible and economically viable, the document read.  The proposed project will...

The oil and gas industry has long underpinned the global economy, with demand growing steadily except during the COVID-19 pandemic. New discoveries and massive oilfield reserves sustain global production, essential for meeting this demand. In May 2024, GlobalData conducted...

Guyana’s Environmental Protection Agency (EPA) has formally notified the public of ExxonMobil’s application for a seventh oil development at the Stabroek Block.  The regulator has determined that the proposed Hammerhead will require the compilation of an Environmental Impact Assessment (EIA)...

Guyana’s Vice President Bharrat Jagdeo is maintaining that the newly elected Leader of political party, the Alliance for Change (AFC), has a conflict of interest due to his relationship with ExxonMobil, operator of the Stabroek Block. Nigel Hughes, the AFC...

The prolific oil and gas industry in Guyana has been a focal point of economic development, fueling numerous opportunities for locals to participate and thrive. One such success story is that of Kevin Sawh, a 25-year-old who recently graduated as...

ExxonMobil is continuing exploration drilling at the Haimara-3 well site in the Stabroek Block offshore Guyana. The drilling, conducted by the Noble Sam Croft, will conclude on July 31, 2024, according to a notice by the Maritime Administration Department.  The...

MODEC Guyana is requesting contractor services for the annual maintenance and certification of the Environmental and Motion Monitoring System (EMMS) on the FPSO Errea Wittu.  This vessel is expected to initially produce 250,000 barrels of oil per day (b/d), inject...

ExxonMobil has indicated a dip in second-quarter earnings, according to a Securities and Exchange Commission (SEC) 8K form filing. ExxonMobil’s advantaged assets in Guyana, Permian Basin pushing it well ahead of competition | OilNOW It said several market factors are expected...