As oil discoveries in Guyana continue to ramp up in what industry analysts have described as a ‘remarkable series of results’ since the world class Liza find in 2015, neighbouring Suriname says it hopes to replicate this soon.
The country’s...
The South American country of Guyana is on the radar of every major oil company in the world now that a total of 14 discoveries have been made offshore in just four years and it has been proven that...
Just over 4 years ago Guyana was virtually unknown in the world of oil and gas with no proven oil reserves and scores of failed attempts to find this precious commodity. Fast-track to 2019 and 15 percent of conventional...
(S&P Global Platts) Independent explorer Tullow Oil has made a significant oil discovery in its block in Guyana, which could hold over 100 million recoverable barrels, it said Monday.
The company is "confident of the commercial value" of this prospect...
Fifteen stories high and over 20 km wide, full of oil. That is the description given by Gil Holzman, Chief Executive Officer and Co-founder of Eco (Atlantic) Oil and Gas - junior partner in the 1800 km2 Orinduik Block...
ExxonMobil’s discoveries at the Yellowtail and Tilapia wells in the Stabroek Block offshore Guyana were the largest made in the first half 2019. Westwood Global Energy Group, in a report published on August 12, said high-impact exploration drilling activity increased substantially...
Oil has been discovered outside the prolific Stabroek Block offshore the South American country of Guyana. Tullow Oil announced on Monday that Evaluation of logging data confirms that Jethro-1 is the first discovery on the Orinduik licence and comprises...
Guyana’s President, David Granger has made it clear that his APNU+AFC coalition administration respects the sanctity of contracts. This is a position the Department of Energy (DE) embraces, with its Director confirming to OilNOW on Friday that revisions to...
(Upstream) Repsol has handed UK player Peterson a deal to be the main logistics contractor for the Spanish major’s upcoming wildcat on the Kanuku block off Guyana.
Peterson will provide Repsol with integrated supply base operations management, logistics and pipeyard...
(Reuters) - Australian oil and gas explorer FAR Ltd, which holds a stake in licenses for oil drilling off the coast of West Africa’s Guinea-Bissau, said a unit of China National Offshore Oil Corp will take a majority stake...
