On Tuesday, the Floating, Production, Storage and Offloading (FPSO) vessel, Liza Destiny, received its first helideck inspection certificate from the Guyana Civil Aviation Authority (GCAA).
A helideck is a platform on a vessel or offshore structure, which allows helicopters to...
French oil major Total said Tuesday Qatar Petroleum is farming into its offshore acreage in Namibia, Kenya and Guyana, further strengthening their international partnership, Kallanish Energy reports.
Following approval of the deals, Qatar Petroleum will gain a 30% stake in Namibia’s Block...
Financial information services provider Fitch Solutions says the first oil discovery outside the Stabroek block will serve to buoy investor sentiment to projects in deepwater Guyana more broadly while pointing out that the positive outlook for oil and gas production will...
The colossal discoveries ExxonMobil has made in Guyana to date will help expand production and revenue generation through a number of projects analysts say will be the most profitable on the planet.
“The colossal discoveries Exxon has made in Guyana...
With volatility in global oil prices and a high degree of uncertainty about the long-term value of these resources, UK-based global consultancy group, Wood Mackenzie says rapid development of Guyana’s oil fields will maximise benefits to the South American...
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...
