Public consultations on the draft Environmental Impact Assessment (EIA) report for the Liza Phase 2 development got underway in Georgetown on Monday. A series of these meetings will take place over the next two weeks at various locations across...
Just over three years ago the South American country of Guyana was little known around the world and completely off the radar of petroleum-producing nations. But with the giant oil discovery at the Liza field in 2015 that has...
SBM Offshore said Tuesday that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design (FEED) for a second Floating Production, Storage and Offloading vessel (FPSO) for the...
Hess Corporation (NYSE:HES)  announced on Friday that it has entered into an agreement to sell its joint venture interests in the Utica shale play in eastern Ohio to Ascent Resources – Utica, LLC for net cash consideration of approximately $400 million, effective April 1.
“We continue to focus our...
ExxonMobil has submitted its draft Environmental Impact Assessment for the Liza Phase 2 development project to the Environmental Protection Agency in Guyana and a series of public consultations on the document is expected get underway by mid-July.
“There’s a 60-day...
Guyana is becoming increasingly important to ExxonMobil’s portfolio and could account for 7 percent of its overall production by 2027.
Tom Ellacott, Senior Vice President, Corporate Research at Wood Mackenzie says the South American country “is really going from strength...
UK-based industry analyst, Wood Mackenzie, says the most recent oil discovery made by ExxonMobil in Guyana could push daily production to 700,000 barrels of oil per day by 2027 while estimating total recoverable reserves in the Stabroek Block to...
Eco (Atlantic) Oil and Gas’ Chief Operating Officer Colin Kinley said that both jack up and semi-submersible drilling targets in the Orinduik block offshore Guyana reflect very positive economics for development.
Kinley said, "Exxon's Longtail-1 discovery in the Stabroek Block, further...
Fresh off of its eight oil discovery offshore Guyana, ExxonMobil is set to continue its exploration campaign at Hammerhead-1 in the 6.6 million acres Stabroek Block.
Senior Director, Public and Government Affairs, Kimberly Brasington, said the Stena Carron will soon...
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...
