US oil major ExxonMobil has once again struck oil offshore the South American country of Guyana, this time at the Tilapia-1 and Haimara-1 wells, making it the company’s 11th and 12th  discoveries in the Stabroek Block.
Director of the Department...
After a difficult few years, the exploration sector is back in the black – and keen to stay there. New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this...
Spanish oil company Repsol will begin undertaking a geotechnical survey in the Kanuku Block offshore Guyana on Saturday. The survey activities are scheduled to continue until February 24.
The MV Regulus will conduct the operation some 66 nautical miles from...
Anadarko Petroleum Corporation said on Friday that it has signed a long term agreement with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply liquefied natural gas (LNG) from Mozambique.
According to an article...
Exxon Mobil Corporation on Friday announced estimated 2018 earnings of $20.8 billion compared with $19.7 billion a year earlier.
The company said that excluding U.S. tax reform and asset impairments, earnings were $21 billion, compared with $15.3 billion in 2017.
“Cash...
As it looks to support plans to double operating cash flow and earnings by 2025, Exxon Mobil Corporation on Thursday announced that it will streamline its upstream organization and centralize project delivery across the company.
ExxonMobil is leading the charge in Guyana...
TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract for a North Sea development.
According to a press release onTuesday, the contract awarded by Lundin Norway covers the delivery and installation of subsea equipment including...
Oil and gas industry analyst Wood Mackenzie is calling CNOOC’s latest gas discovery at Glengorm the largest UK gas find since 2008 and one that will sustain the industry’s profitability.
"At 250 million barrels of oil equivalent (boe), CNOOC Ltd’s...
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...
