Refiners in India, the third largest importer of oil in the world, are continuing to look towards Guyana and its neighbour Brazil to secure agreements for the supply of crude.
Since last year, Indian refiners have been snapping up maiden...
With a mid-2022 deadline eyed for the finalisation of the merger between Noble Corporation and Maersk Drilling, Noble may soon sell five of its rigs for the deal to go through.
Providing an update on the merger, Maersk and Noble...
Guyana has made its mark in the global oil and gas industry with an estimated proven recoverable resource of nearly 11 billion oil-equivalent barrels in the ExxonMobil-operated Stabroek Block.
“That figure accounts for more than 10% of all the conventional...
ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) has assured authorities in Guyana that its proposed development at Uaru will abide by the strictest international standards and best practices for gas flaring and produced water.
Application process for Exxon’s...
The Government of Guyana has initiated steps to ascertain how much gas is available for export from the ExxonMobil-operated Stabroek Block where over 30 discoveries have been made amounting to nearly 11 billion barrels of oil equivalent, inclusive of...
Guyana has achieved a "fairly low overall score" of 52 points for implementing the 2019 Extractive Industries Transparency Initiative (EITI) Standard. In its decision paper, the EITI Board explained that Guyana’s score reflects an average of three areas assessed:...
ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) disclosed that it has undertaken additional studies to obtain an even more comprehensive understanding of potential project discharges on Guyana’s environment.
In its application to the Environmental Protection Agency (EPA) for environmental...
Appraisal drilling is underway at the Tripletail-2 well in Stabroek Block, as oil major ExxonMobil continues to assess discoveries and expands operations offshore Guyana.
According to the Maritime Administration Department (MARAD), the Stena Carron will be used for the campaign....
ExxonMobil’s fifth proposed development offshore Guyana could produce as much as 275,000 barrels of oil per day (bpd) and could achieve first oil as early as the fourth quarter of 2026, according to the project summary seen by OilNOW.
Guyana’s...
French American conglomerate, TechnipFMC has been awarded a fresh contract by ExxonMobil Guyana for its fourth development in the Stabroek Block – Yellowtail.
The contract, worth between US$75 million and US$250 million, according to TechnipFMC, covers the supply of six flexible risers qualified to withstand...
