Hess Corporation will plug a total of US$475M into development and drilling activities on the Stabroek block, located 120 miles offshore the coast of Guyana this year. The now world-famous oil field is home to the Liza and other...
Petroleum Geo-Services (PGS) said in a new report this week that similar trends to the prolific “Golden Lane” of discoveries, which include Liza in the Stabroek Block offshore Guyana, have been identified in the country's outboard licensing blocks D1,...
Once ExxonMobil Guyana receives approval from the Environmental Protection Agency (EPA) for its 35 multi-well programme in the Stabroek Block, drilling operations for the country could reach its peak in 2025.
According to the Cumulative Impact Assessment (CIA) for the...
Controlled by TotalEnergies and APA Corporation, Block 58 has churned out major discoveries – five thus far. Though few, compared to Guyana’s Stabroek Block, the discoveries have piqued investor interest leaving a lingering question – could Block 58 become...
The announcement by CGX on January 31 that it had encountered oil at Kawa-1, after more than 20 years of seismic data acquisition and drilling on the Corentyne Block, is being viewed as highly significant by Norway-based energy research...
The massive Stabroek Block offshore Guyana along with the adjacent Canje and Kaieteur Blocks could deliver around 15 billion barrels of oil equivalent as more exploration campaigns get underway in the coming months.
“Production of crude oil over the whole...
(S&P Global Platts) Brazil's National Energy Policy Council, or CNPE, approved 92 offshore exploration and production concession blocks for sale at the country's pandemic-delayed 17th bid round set to be held in October, the National Petroleum Agency, or ANP,...
Rapid discoveries being made by US oil major ExxonMobil in the prolific Stabroek Block offshore Guyana are playing a key role in derisking the Orinduik Block, according to the CEO of Eco Atlantic Oil & Gas, Gil Holzman.
Eco Atlantic...
CGX Energy’s Wei-1 well offshore Guyana was identified in 2023 as a key test of whether oil discoveries outside the Stabroek Block could support a second standalone development.
The well was drilled in the Corentyne Block following the Kawa-1 discovery...
When ExxonMobil drilled the Liza-1 well in 2015, it confirmed the first major offshore oil discovery in Guyana — a find that reshaped the country’s future. Since then, the Stabroek Block alone has delivered more than 30 discoveries, placing...
Staatsolie Maatschappij Suriname N.V. and Suriname’s Tax Department have launched a three-year capacity-building program to strengthen tax and customs...
