Natural Gas Liquids (NGL) from the US$900 million gas-to-energy project set to come on stream in Guyana by 2024 will be sold to third parties, ExxonMobil said last week, as public scoping meetings for the development that is expected...
(S&P Global Platts) China's CNOOC International confirmed July 8 it expects to start up production from the delayed Phase II expansion project at Buzzard, the UK's highest-producing oil field, in the fourth quarter 2021.
In a statement, CNOOC said it...
Oilfield Service Companies TechnipFMC and Halliburton have received an OTC Spotlight on New Technology Award® (SONT) for their Odassea™ Subsea Fiber Optic Solution, an advanced downhole fiber optic sensing system. U.S. oil major ExxonMobil selected the solution for its...
Guyana’s medium sweet Liza crude could become a new source of supply for India in coming years provided that it is competitively priced.
"India has been diversifying its crude imports, including taking substantial volumes from the U.S. in recent months,”...
Westmount Energy Ltd., said on Monday it has been informed by JHI Associates Inc. that the Jabillo-1 well on the Canje block reached target depth without encountering commercial hydrocarbons.
Westmount said project operator ExxonMobil will now switch attention to the...
United States Ambassador to Guyana, Sarah-Ann Lynch is urging internationally recognized American companies to set up shop in Guyana.
She made the comment during the sod turning ceremony for a new Courtyard by Marriott in the compound of the Cheddi...
In the event that Stabroek Block operator ExxonMobil exceeds the 60-day limit for flaring during start-up as set out by the Environmental Protection Agency (EPA), the company can see itself paying more than the recently implemented US$30 flaring charge.
Pursuant...
For the last decade no other frontier in the world has delivered the mega discoveries being made in the Guyana-Suriname Basin and from all indications, this is only the beginning. Experts say the basin contains over 20 billion barrels...
Even as it keeps a close eye on market forces and how those may shift to affect its capital allocation, Hess Corporation has disclosed that it intends to plug up to US$1B into oil development projects offshore Guyana next...
Qatar Petroleum, one of the latest oil and gas companies to take up acreage in the Guyana-Suriname Basin, will spend $200 million on emissions reduction technology for its North Field LNG expansion project off the north-east shore of the...
