Block 58 operator TotalEnergies does not see a feasible development from its Maka and Kwaskwasi discoveries, according to the Managing Director of Suriname’s state oil firm Staatsolie.  Annand Jagesar told Reuters late Tuesday that instead, the company has been pushing...

The story of Guyana being just a tiny South American country to one of the most prolific oil producers in the world is remarkable, according to ExxonMobil Upstream President, Liam Mallon.  During his CERAWeek 2024 presentation, Mallon said, “It is...

Norway-based energy research and business intelligence company, Rystad Energy, expects there to be five new awards for floating production, storage and offloading (FPSO) vessels over the next five years for Guyana.  This was stated in a January 2024 whitepaper South...

(Bloomberg) – Chevron Corp.’s discussions with Exxon Mobil Corp. and China’s Cnooc Ltd. over a prolific oil field off the shores of Guyana ended “abruptly” a few weeks ago, Chief Executive Officer Mike Wirth said. Chevron held constructive talks with...

Speaking publicly for the first time on ExxonMobil’s pursuit of an arbitration case that could block Chevron's purchase of Hess, CEO Darren Woods said Exxon’s objective is to establish it has rights over Hess’ Guyana assets, not to buy...

The Saipem FDS2 vessel is engaged in installation activities offshore Guyana, in support of ExxonMobil’s massive Yellowtail development project, according to an update from Guyana’s Maritime Administration Department.  The vessel is expected to operate through 2024 in anticipation of production...

In the wake of ExxonMobil's recent revelation of yet another oil discovery in the Stabroek Block, an Alliance for Change (AFC) party official has expressed the belief that the company has discovered way more oil and gas than is...

U.S. crude oil production is set to outpace previous expectations, reaching 13.19 million barrels per day (b/d) this year, a slight increase from the initial projection of 13.1 million b/d, according to the Energy Information Administration's (EIA) Short-Term Energy...

Oceaneering International recently made an advancement in subsea geotechnical surveying by placing an order with UK-based Feritech Global for an auto-drop piston corer. It said the next-generation equipment is anticipated to revolutionize the process of extracting sediment samples from...

G-Port, a joint venture (JV) between the Lousiana-based Edison Chouest and John Fernandes, now boasts a workforce that is 100% Guyanese.  That update was provided by Edison Chouest’s Business Development Officer, Daniel Lafont speaking exclusively to OilNOW on March 14....