As one of the few major new conventional oil regions discovered this century, Guyana is set to be transformed over the course of the next decade, with the country predicted to emerge as a top per capita producer of...
Multiple commercial oil discoveries at Guyana’s Stabroek Block have established the country as a key up and coming producer in the region. And now, as exploration activities ramp up at other blocks outside Stabroek, a discovery could push the...
Offshore exploration in the South American country of Guyana is moving into another phase as UK-based Tullow Oil embarks on a drill campaign at the Orinduik block, making it the first attempt to find oil by a company outside...
The dynamically positioned Stena Forth Class 3 drillship has sailed into Guyana waters and will soon embark on a drill campaign at the Orinduik Block where UK-based Tullow Oil and its co-venture partners are optimistic of striking crude.
Tullow Oil...
Over 1,000 Guyanese have been working on projects that culminated with the commissioning of the 1st floating oil production complex on Saturday in Singapore. The vessel will soon set sail for the South American country where oil production is...
Deepwater and tight oil are two of the great growth themes in the oil and gas industry, but are often considered to be at opposite ends of the development spectrum. Deepwater represents large, expensive and complex long-cycle projects best suited...
The resource growth in Guyana’s Stabroek Block is being described as ‘staggering’ by a top official at US oil major ExxonMobil who says while the average success rate in a frontier area is 10%, the company has had an...
One year before the giant Liza discovery…
The data from the well logs looked promising, and a restrained optimism began to build among small groups of specialists at ExxonMobil’s north Houston campus, at its Georgetown venture office and aboard the...
The Liza Destiny, the first oil production vessel to be placed in Guyana has been officially dedicated by the South American country’s First Lady, Madam Sandra Granger.
In keeping with tradition and naming protocols, the dedication is performed by a...
US oil major ExxonMobil, operator in the Stabroek Block offshore Guyana, says it remains committed to forging a strong partnership with the Guyanese people and not with any one individual or political party.
Liam Mallon, the company’s President for Upstream...
