With the Petroleum License signed, TotalEnergies is gearing up to expend “tens of millions” in seismic and geophysical surveys in Guyana’s shallow water S4 Block.
The company’s Vice President for Exploration (Americas), Daniel Larranaga, confirmed that the investment for data...
Guyana plans to sign deals to issue two more offshore blocks to explorers before the end of the year, Natural Resources Minister Vickram Bharrat said on Tuesday, following the issuance of a shallow water block to a TotalEnergies-led group.
The...
QatarEnergy has expanded its exploration footprint in Suriname’s offshore basin to six blocks, following the signing of Production Sharing Contracts (PSCs) for Blocks 9 and 10.
The agreements, secured during the POST SHO2 bid round, strengthen the company’s position...
Guyana will issue four production sharing agreements (PSAs) in October under its first offshore licensing round, Natural Resources Minister Vickram Bharrat said on Sunday.
Speaking on the Starting Point podcast, Bharrat said, “About four of those PSAs will be signed...
The Energy Chamber of Trinidad and Tobago reported that the country’s 2025 Deepwater Bid Round closed on September 17, with Chinese state-owned oil company CNOOC International (China National Offshore Oil Corporation) submitting bids for three of four blocks that...
Chevron has won a high-stakes arbitration battle against ExxonMobil, clearing the way to finalize its US$53 billion acquisition of Hess Corporation and secure a 30% stake in Guyana’s Stabroek Block, a prized asset that has won global attention in...
Petrobras has secured ten blocks in the Foz do Amazonas Basin and three in the Pelotas Basin during Brazil’s 5th Cycle of the Permanent Concession Offer by the National Agency of Petroleum, Natural Gas and Biofuels (ANP).
In the Foz...
Brazil’s Foz do Amazonas Basin is being viewed by top industry players as that country’s top offshore frontier opportunity, with Horizon Engage reporting that aggressive bidding there signals strong private-sector belief in the Equatorial Margin as “akin to Guyana’s...
Guyana’s Vice President Bharrat Jagdeo said on Thursday that no new oil block contracts or agreements for a major gas project involving U.S. firm Fulcrum LNG will be signed before the country’s General and Regional Elections scheduled for September...
Eco Atlantic Oil & Gas has identified new drill targets in its Orinduik Block offshore Guyana, according to its 2025 Investor Presentation released this week.
The names of the exploration prospects were not listed. However, last March, Eco Atlantic identified...
