Showing results for:

News

Hess targeting oil offshore Suriname at potential Stabroek Block play extension

OilNOW -
Much focus is being placed on Guyana’s oil and gas successes since the year began, but Hess Corporation is not taking its eyes off Suriname’s potential. In fact, during the company’s Q1 earnings call on Wednesday, Chief Operating Officer (COO) Greg...
News

Stabroek Block co-venturer CNOOC soars in Shanghai debut

OilNOW -
CNOOC Ltd shares surged as much as 44% in their Shanghai debut on Thursday, defying broad market weakness, as investors sought safety in the Chinese oil giant amid high energy prices and quickening inflation. After opening 20% higher, CNOOC shares...
News

Over 670 million barrels of oil discovered at Stabroek Block so far this year – Norway group

OilNOW -
ExxonMobil has discovered over 670 million barrels of oil so far this year at Guyana’s largest deepwater block where well over 10 billion barrels of oil equivalent resources have been found since 2015. On January 5, the U.S. oil major...
Exploration

Exxon wrapping up 4D Seismic operations at Stabroek Block

OilNOW -
ExxonMobil will soon conclude 4D seismic surveying operations at the 6.6 million acres Stabroek Block offshore Guyana. The seismic equipment recovery will incorporate the use of the MV Thor Alpha, MV Thor Freyja and SV Ramform Tethys.   The Maritime Administration...
News

Yellowtail will deliver second lowest breakeven to date at giant Stabroek Block

OilNOW -
The largest development to date at the Stabroek Block will deliver the second lowest breakeven for the ExxonMobil-led consortium that has found over 10 billion barrels of oil equivalent resources in the South American country since 2015. The breakeven for...
News

Application process for Exxon’s fifth Stabroek Block development underway

OilNOW -
ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has already begun the application process for its fifth offshore development in the Stabroek Block, according to information contained in court documents filed by the company relating to a tax...
News

Guyana seeking financial guarantee from Exxon for entire Stabroek block in event of oil spill

OilNOW -
Guyana’s Vice President, Dr. Bharrat Jagdeo revealed on Thursday evening that the government is working with ExxonMobil, the parent company of Esso Exploration and Production Guyana Limited (EEPGL) to secure an insurance guarantee for the entire Stabroek Block. The former...
News

Guyanese geoscientist Ashlika Persaud scores three discoveries at Stabroek Block

OilNOW -
Guyanese geoscientist Ashlika Persaud says she has a deep desire, and that is to do right by her company – ExxonMobil - and her country, where the discovery of massive amounts of oil since 2015 has placed the South...
Exploration

Exxon in search of more crude at Kiru Kiru as Stabroek Block campaign intensifies

OilNOW -
ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), is drilling yet another well, Kiru Kiru-1, at the Stabroek Block offshore Guyana. A notice from Guyana’s Maritime Administration Department (MARAD) stated March 14 as the start date for drilling activities,...
News

Stabroek Block partners continue support for women entrepreneurs through AccelerateHER program

OilNOW -
The free Accelerate-Her mentorship programme for women entrepreneurs, introduced last year through the Centre for Local Business Development (CLBD), has been extended for a second year thanks to the patronage of the Stabroek Block co-venturers through the Greater Guyana Initiative...
1...151617...325Page 16 of 325

Latest News

NewsOilNOW -

‘Business as usual’: No disruption in Guyana’s operations despite Venezuela controversy – GCCI Pres.  

Kathy Smith, President of the Georgetown Chamber of Commerce and Industry (GCCI), has made it clear that there has...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks