In an environment of oil supply glut, a new player entered the scene. Guyana, a nation bordering Venezuela and Brazil - two countries with large oil reserves - has established itself as an oil producer as of December 20...
The presence of giant oil and gas fields in South America, stretching all the way from the Santos basin in the south to the Guyana-Suriname basin to the north, have long been known, with estimates of tens of billions...
The global demand for oil is expected to remain over 100 million barrels per day according to Saudi Aramco CEO Amin Nasser, signaling good news for new producers such as Guyana.
“There is good penetration from renewables and electric cars...
With several billion barrels of oil equivalent already discovered and the potential for more being found remaining high, developing the resources at optimum pace will ensure highest returns for the South American country of Guyana and the Stabroek Block...
In just four years the deepwater off the coast of Guyana has seen a significant uptick in traffic with the ramp up of exploration in the prolific Stabroek Block and the preparation and start of the Liza Phase 1...
As the Guyana government prepares to sell its first oil lift from the Liza Phase 1 development in the prolific offshore Stabroek Block, the Department of Energy sees collaboration with the Guyana Extractive Industries Transparency Initiative (GYEITI) as integral...
Nabi/KCL Oilfield Construction Services Guyana has advertised for a number of construction equipment operator positions as it gears up to begin construction of the head office of ExxonMobil Guyana, operator at the 6.6 million acres Stabroek Block.
The positions, totaling...
Guyana’s journey as an oil producer has just begun and promises to bring massive transformation to the tiny South American country. The oil tanker Yannis P set sail on Monday with the first 1 million barrels of oil to...
With exploration and production activities taking place 120 miles and more offshore Guyana, ExxonMobil, operator at the 6.6 million acres Stabroek Block, says it has been undertaking a number of engagements geared towards providing more information about its operations...
Celebrations got underway in Guyana on Friday evening as the country’s government and US oil major ExxonMobil along with Stabroek Block co-venturers Hess and CNOOC held a cocktail reception at the Marriott Hotel to mark the historic milestone of...
