Showing results for:

‘Unity Gold’ lighter and sweeter than other carbon-intensive blends in Latin America – Platts

ExxonMobil’s latest offshore development to start-up in Guyana is producing a lighter and sweeter crude blend which analysts say is less carbon-intensive than other Latin American blends and even a little lighter than the original Liza. According to an ExxonMobil...

IHS Markit applauds speed of Guyana’s deepwater developments, environmental commitments

London-based IHS Markit says what Guyana has achieved in just under seven years since the first major oil discovery at the Stabroek Block is ‘quite remarkable’ and commended the South American country for pushing the offshore exploration and production...

Keeping Guyana at the forefront of deepwater development, ExxonMobil gears up for fifth project

To ExxonMobil Guyana President Allister Routledge, the country is at the “forefront of deepwater development” in the world and the U.S. oil major intends to help it keep that lead as it gears up for the fifth oil development...

Guyana’s oil story not confined to deepwater, explorers looking inland – Bharrat

The flurry of activity in Guyana’s prolific Stabroek Block and more recently, the Corentyne Block has sparked renewed interest in the onshore Takatu Basin, Minister of Natural Resources Vickram Bharrat disclosed on Wednesday. Explorers have had an interest in Guyana’s...

Over 3,500 Guyanese, 800 local businesses supporting O&G operations – Exxon CEO

As oil and gas operations continue to ramp up in Guyana, the number of Guyanese servicing the sector has been rapidly increasing.  Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods said over 3,500 Guyanese have been...

Good governance, the best play for Guyana

By Dr. Lorraine Sobers - OilNOW Guyana is no longer the ‘wimpy kid’ on the playground with the second lowest gross domestic product (GDP) in the region.  Over the last 5 years Guyana has had a major growth spurt and...

ExxonMobil’s success in Guyana “unmatched” in modern history – Darren Woods

ExxonMobil has come a far way in Guyana and the company’s success in the Stabroek Block is only the beginning, said Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods during his opening statement at the International...

Baker Hughes brings efficiency to Guyana’s oil sector with opening of Supercenter

Known worldwide for its advanced technologies, serving energy and industrial companies, Baker Hughes has brought top-tier oilfield services to Guyana with the opening of a Supercenter on the East Bank Corridor at Land of Canaan. A multi-million-dollar investment, the Supercenter...

Woods set to deliver major address at opening of energy conference in Guyana today

Chairman and Chief Executive Officer of Exxon Mobil Corporation, Darren Woods, will deliver the feature address today at the opening of the International Energy Conference and Exhibition at the Guyana Marriott Hotel in Georgetown. OilNOW sat down with Woods for...

CGX says early wireline logging results confirm landmark discovery

CGX Energy Inc. and Frontera Energy Corporation (TSX: FEC) said on Monday that Kawa-1 early-stage Wireline Logging results confirm the Logging While Drilling (LWD) indications previously disclosed on January 31, 2022, with a total of 200 feet of net...

Latest News

Environmental permits and production licenses serve distinct roles for oil and gas developments

Oil and gas development projects proceed with two key approvals: environmental permits and production licenses. They cover different aspects...