ExxonMobil Guyana is looking to hire a firm to provide marine 3D seismic data processing services within the South American nation’s offshore Stabroek Block.
A public Request For Information (RFI) said that Esso Exploration and Production Guyana Limited (EEPGL) plans...
Stratoil, an Egypt-based oilfield services company was among three that entered bids to evaluate the field development plan (FDP) for ExxonMobil’s fifth Stabroek Block project – Uaru.
Bayphase Ltd. and De Godhyer & Mac Naughton were the other two.
Bayphase had...
While Guyanese authorities are criticised for the "generous" fiscal terms in the Stabroek Block Production Sharing Agreement (PSA), those very terms are being recognised for unlocking what is now the most low-cost, high-return resource base of the decade. Speaking at the ...
Texas-based Welligence Energy Analytics has projected that Hess’ forest credits deal with the Guyana government, will buy up more carbon dioxide equivalents (CO2e) than is estimated to be emitted from the Stabroek Block in the same period (2022-2032).
The planned purchase by Hess...
With Guyana’s Stabroek Block being such a resource dense concession, ExxonMobil Guyana and its partners see great potential for tie-backs that could lengthen the lifespan of varying projects.
This was noted by Chief Executive Officer (CEO), John Hess during the Bank of America...
ExxonMobil is expected to spend the next year and a half looking for the most optimal oil-rich reservoirs trapped some 18,000 feet deep in the Stabroek Block.
This was recently revealed by co-venturer on the concession, Hess Corporation. Specifically, the...
Hess Corporation’s Chief Executive Officer (CEO), John Hess, said the market can look forward to a “major upgrade” to Guyana's Stabroek Block resource base which stands at 11 billion barrels of oil equivalent resources.
During his recent participation at the...
Hess Corporation, which holds a 30% stake in the Stabroek Block, reported on Wednesday that its net production in the offshore concession increased by 66,000 barrels of oil per day (bpd).
In its operational update on Guyana, the company said...
Offshore marine services company – Bourbon Guyana Inc. – currently has six vessels supporting oil and gas operations offshore in the Stabroek Block and those vessels will remain until the end of the decade.
Managing Director of the Company, Edward...
DOF Subsea has been awarded a NOK$2.7 billion (US$256.1 million) contract by ExxonMobil to execute works in Guyana’s offshore Stabroek Block where 11 billion barrels of oil-equivalent have already been discovered.
DOF Subsea said the contract will last three years...
