CNOOC Limited on Monday announced a new discovery on the Glengorm prospect, located in offshore UK Central North Sea.
“The Glengorm discovery is located in License P2215 with a water depth of approximately 86 meters. The exploration well Glengorm was...
The third batch of sub-sea pipes for the Liza Phase 1 Development Project is expected to arrive in Guyana within weeks as work intensifies ahead of first oil in the South American country.
Speaking to OilNOW on Thursday at the...
Prime Minister of Trinidad and Tobago Dr Keith Rowley has responded to the United States Ambassador to Trinidad and Tobago Joseph Mondello’s statement against Trinidad and Tobago’s position on Venezuela, according to a news report on CNC3’s website.
In a...
CNOOC Limited on Wednesday announced that the company's net production target for 2019 is 480 million to 490 million barrels of oil equivalent (BOE), of which, production from China and overseas, accounts for approximately 63% and 37%, respectively.
“The Company's...
On January 12, 2019, ExxonMobil affiliate Esso Exploration and Production Guyana Limited commenced 3D and 4D seismic surveys within the southern portion of the Stabroek Block off the Guyana coast, just weeks after the Venezuelan navy intercepted two contracted...
2019 will be a ‘very busy year’ for ExxonMobil in the new South American oil and gas hotspot of Guyana, as exploration activities are ramped up and work intensifies in preparation for first oil by 2020.
“We are currently drilling two...
A senior Associate attached to the Center for Strategic and International Studies (CSIS) - a think tank based in Washington, D.C. – believes the United States has a vested interest in ensuring that the emerging South American oil giant,...
A former Guyanese government official believes that a sustained programme to facilitate military tactical support and coordination between Guyana and the United States of America would help to deter further aggression from Venezuela.
Former Minister of Natural Resources and the...
Reports indicate that Venezuela has signaled its intention to remap its Caribbean oil and gas prospects which is a move that could further escalate rising tensions between that country and neighbouring Guyana, which has of late become an oil...
Industry analyst Wood Mackenzie estimates that ExxonMobil’s 10th discovery off the Guyana coast at the Pluma 1 well could add an additional 300 million barrels of oil to what is a rapidly growing resource base for the US oil...
Guyana has rejected Venezuela’s objection to a planned three-dimensional multi-client seismic exploration program within its Exclusive Economic Zone (EEZ),...
