As discussions continue in the South American country of Guyana on the prospect of bringing gas to shore, the country’s Department of Energy said while this project could come on stream as early as 2023, the full volume of...
With the gross recoverable resource estimate now above 8 billion barrels of oil equivalent at the Stabroek Block, co-venturers ExxonMobil, Hess and CNOOC are analysing data and assessing development needs that would help determine the number of floating production...
The first oil tanker to lift crude from the prolific Stabroek Block offshore Guyana departed the country’s waters on Monday with the first 1 million barrels of oil.
The Ministry of the Presidency, Department of Energy (DE) said the oil...
The Yannis P – a Marshall Islands registered crude oil tanker will soon lift the first one million barrels of crude from the Stabroek Block offshore Guyana.
Production in Guyana commenced on December 20, 2019, less than five years after...
Spread over 26,800km² in Guyana’s offshore waters, the Stabroek Block is estimated to contain more than six billion barrels of oil equivalent as of 2019. Drilling has been ongoing to explore and evaluate other potential areas of the block.
Liza...
Three discoveries have been made outside the Stabroek Block offshore Guyana, the most recent being Carapa-1 where Repsol and its partners encountered just around 4 metres of net oil pay. While this, together with the heavy oil results from...
The prolific Stabroek Block offshore Guyana and neighbouring Brazil’s Santos Basin will add millions of barrels of oil to global production by 2025, industry analyst Wood Mackenzie said in a recent report.
The consultancy group said a challenging few years during...
Canada’s federal government has approved a new offshore exploration drilling project proposed by the China National Offshore Oil Corporation (CNOOC) set to begin in the Flemish Pass Basin — about 400 kilometres east of Newfoundland and Labrador, CBC said...
The drillship Noble Don Taylor has arrived offshore Guyana to begin a one-year contract for drill campaigns at the Stabroek Block, operated by US oil major ExxonMobil, with co-venturers Hess and China’s CNOOC.
The Noble Don Taylor brings the total number...
More than 3,400 people are working for ExxonMobil on its project for the exploration and development of hydrocarbon resources offshore the South American country of Guyana, and half of that number is Guyanese.
The US oil major has been steadily...
