US oil major ExxonMobil is set to acquire more data for analysis from the Liza 5 appraisal well in order to broaden its knowledge of the greater Liza resource offshore Guyana.
“The Stena Carron is currently drilling Liza 5 appraisal...
Latin America dominated the world on the exploration front in 2017 in terms of both discovery numbers and size, mainly due to ExxonMobil’s continuing success offshore Guyana, according to investment research and advisory company, Edison, in its 2018 Exploration...
Exploration drilling is underway at Anapai-1 in Suriname where Kosmos Energy holds a 50% Working Interest in Block 45, in partnership with Chevron.
The prospect sits in 1,500m of water and is targeting gross unrisked resources of 700mmbbls in a...
The first rule of puzzle assembly is to start with the edges and work in, flipping pieces this way and that, until the snap of snug fit indicates correct piece placement. When looking at a world map, it is...
Hess Corporation does not expect oil production in the South American country of Guyana where it has a 30% stake in the Stabroek Block, to turn a profit for the company before 2022 when the larger Liza Phase 2...
US oil major ExxonMobil’s unprecedented string of oil discoveries off the Guyana coast has hit a snag with no oil being found at the Sorubim-1 well where the Noble Bob Douglas has been drilling in recent weeks.
Vice President of...
Guyana has begun the preliminary process in order to cycle funds from an US$18M signing bonus received from ExxonMobil in 2016, to defend its border controversy case at the International Court of Justice (ICJ).
The move is documented in a...
Hess Corporation (NYSE: HES) on Wednesday reported a net loss of $106 million, or $0.38 per common share, in the first quarter of 2018, compared to a net loss of $324 million, or $1.07 per common share, in the...
Chinese operator CNOOC Ltd, a joint venture partner together with ExxonMobil and Hess in the Stabroek Block offshore Guyana, is calling on Beijing to speed up the liberalisation of its retail fuel pricing scheme as high diesel and gasoline...
Currently positioned approximately 88 nautical miles off the Guyana coast in the deep blue waters of the Atlantic Ocean, the Noble Bob Douglas hovers above the 13th well being drilled by ExxonMobil in the Stabroek Block. The US oil...
