The possibility of Guyana having petroleum stemmed from observations of petroliferous occurrences recorded by Dutch explorers since the 1750s, but it was not until 1916 that the first significant effort to locate petroleum was undertaken.
"In the 1700s several inconsequential...
Even as governments and international oil companies pursue efforts to reduce carbon emissions on a global scale in the move towards renewable sources of energy, the Liza Phase 1 and 2 developments offshore Guyana are expected to remain highly...
Though the Hammerhead area was targeted for the fourth development project in the Stabroek block offshore Guyana, the high quality oil discovered back in July during the appraisal drilling at the Yellowtail field has changed the plans for the...
The unprecedented success rate for discoveries that ExxonMobil has had offshore Guyana since 2015 is being attributed to proprietary seismic data and technology the company has developed over the years.
Company officials told participants at the Caribbean Virtual Oil and...
Spread moored around 120 miles offshore Guyana, the Liza Destiny FPSO will soon receive another batch of Guyanese who will be embarking on their first stint offshore to undergo on-the-job training as operations and maintenance (O&M) technicians, having recently...
The newly elected Guyana government has affirmed its position on a gas to shore project, committing to developing a natural gas power generation facility in order to cut the country’s energy cost by some 60 percent; and ExxonMobil Guyana says...
President of ExxonMobil Guyana, Alistair Routledge on Tuesday reaffirmed the company’s commitment to the South American nation as two major oil discoveries last week boosted the oil giant’s flourishing portfolio in the prolific Stabroek block.
Addressing attendees at the first...
Dutch floater specialist SBM Offshore has entered negotiations with Petrobras for a charter contract for the FPSO Almirante Tamandaré.
The vessel will operate in the Buzios field in the Santos basin, offshore Brazil.
SBM Offshore said Tuesday the anticipated production capacity of...
The growing opportunities in Guyana’s oil and gas sector took the spotlight on Tuesday as the inaugural ‘Caribbean Virtual Oil and Gas Summit’ (CARIVS) got underway.
The three-day virtual event which also features an exhibition - CARIVS 2020 - was...
The Tanager-1 well in the Kaieteur Block offshore Guyana has been voted as the prospect that will most likely lead to a commercial discovery in the second half of 2020. This is the results of a poll conducted by...
ExxonMobil is positioning long-term science and engineering education as central to Guyana’s workforce development, with executives and students underscoring...
