As plans continue for the much bigger Liza Phase 2 development project in Guyana, more opportunity will be created for shorebase facilities to service the rapidly expanding activities in the 6.6 million acres Stabroek Block.
The Liza field will be...
Country Manager of ExxonMobil Guyana, Rod Henson, says the eighth oil find offshore Guyana leading to the addition of more than 500 million barrels of oil to the current estimated recoverable reserves which exceed 3.2 billion barrels will see...
Exxon Mobil Corporation (NYSE:XOM) said on Wednesday it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.
ExxonMobil encountered approximately 256 feet (78 meters)...
The Liza Phase 1 development continues to rapidly progress, with the commencement of development drilling offshore Guyana, ExxonMobil said on Tuesday.
Development drilling began in May for the first of 17 wells planned for Phase 1, laying the foundation for production...
ExxonMobil’s prime contractor SBM Offshore; the company that is building the Floating, Production, Storage and Offloading Vessel (FPSO) for oil production in Guyana, is looking to fill a number of positions as preparation for first oil gets underway.
Through its...
An official familiar with the Guyana-Venezuela border controversy and the move to the International Court of Justice (ICJ) for a hearing and resolution of the matter believes that all efforts should be made by Guyana to green-light as much...
Chief Executive Officer of Hess Corporation, John Hess, says when it comes to low development cost and favorable financial returns Guyana is a much better prospect than the Permian’s Delaware Basin.
The CEO was at the time speaking during a...
Guyana’s 65 Member National Assembly on Friday unanimously voted to approve some US$4M for the State’s legal defence at the International Court of Justice (ICJ) in the Hague—monies to be sourced from a US$18M signing bonus paid to Guyana...
The Environmental Protection Agency (EPA) has hired an American company; Rampal US Corporation to assess and certify an Environmental Impact Assessment (EIA) study for the ExxonMobil Liza phase II development.
This was confirmed on Friday by Guyanese Minister of State,...
Hess Corporation (NYSE: HES) has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens for 2018. The annual list recognizes public companies across the United States that demonstrate...
