Showing results for:

Exploration

Multiple play types with an 87% success rate make Guyana a unique frontier

OilNOW -
The resource growth in Guyana’s Stabroek Block is being described as ‘staggering’ by a top official at US oil major ExxonMobil who says while the average success rate in a frontier area is 10%, the company has had an...
News

Discovering Oil: It’s not like the movies. But it’s still pretty exciting – Energy Factor

OilNOW -
One year before the giant Liza discovery… The data from the well logs looked promising, and a restrained optimism began to build among small groups of specialists at ExxonMobil’s north Houston campus, at its Georgetown venture office and aboard the...
News

Liza Destiny ready to set sail for Guyana oil bonanza

OilNOW -
The Liza Destiny, the first oil production vessel to be placed in Guyana has been officially dedicated by the South American country’s First Lady, Madam Sandra Granger. In keeping with tradition and naming protocols, the dedication is performed by a...
News

Our partnership is with Guyana; not an individual or political party – Exxon Upstream President

OilNOW -
US oil major ExxonMobil, operator in the Stabroek Block offshore Guyana, says it remains committed to forging a strong partnership with the Guyanese people and not with any one individual or political party. Liam Mallon, the company’s President for Upstream...
Exploration

ExxonMobil evacuates staff from Iraq following rocket fire

OilNOW -
Rocket fire on Wednesday June 19 near the site of ExxonMobil’s operation in Iraq, has triggered an evacuation of the US oil major's staff, Reuters reports. According to Reuters, a rocket hit a site in southern Iraq which is used...
News

‘Invite World Petroleum Council to assess Guyana’s O&G readiness’ – former minister

OilNOW -
Former Guyanese Minister of Natural Resources Robert Persaud is calling on the Government of Guyana to invite a world recognised body to review the South American country’s activities in the oil and gas sector. But he added the caveat that...
News

15% of global oil discoveries since 2015 made in Guyana

OilNOW -
Guyana accounts for 15 percent of conventional oil discoveries made globally since 2015 and from all indications, potential for more crude strikes offshore the South American country remains high. Since the first giant Liza discovery announced back in May 2015,...
News

Guyana just months away from adding to South America’s O&G supply

OilNOW -
Guyana will begin producing oil within months at a modest peak rate of 120,000 barrels per day but with a rapid acceleration that will see production ballooning to almost 1 million bpd by the mid-2020s, adding to the South...
News

Tullow set to spud first well offshore oil-rich Guyana within weeks

OilNOW -
UK-based Tullow Oil and its joint venture partners will spud their first well at the Orinduik Block offshore Guyana just miles away from the multi-billion barrel Stabroek Block where US oil major ExxonMobil has to date made a record...
News

Stena Forth en route to Guyana for Orinduik drill campaign

OilNOW -
Eco (Atlantic) Oil & Gas Ltd. said on Monday the Stena Forth drillship has been mobilized and is now en route to Guyana from West Africa where it has been operating for Tullow Oil. The drillship is expected to...
1...284285286...331Page 285 of 331

Latest News

NewsOilNOW -

Venezuela Border Controversy: Guyana’s defence is not about size, it’s about strategy – Brigadier Khan

Guyana’s Chief of Defence Staff, Brigadier Omar Khan, said the Guyana Defence Force (GDF) is implementing a focused military...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

Quick Access

Company Info

Social Networks