Guyana is fast becoming the premier location in the Oil and Gas Industry as the magnitude of oil reserves located 120 miles offshore the South American country is becoming more evident.
The resilient “third-world” country has actively began mobilizing resources...
The Ministry of Natural Resources today issued a press release in response to the announcement made by ExxonMobil regarding the discovery of more than 82 feet (25 meters) of high-quality, oil-bearing sandstone reservoirs at their Snoek well.
The text of the...
Exxon Mobil Corporation (NYSE:XOM) announced today positive results on the Snoek well offshore Guyana, confirming a new discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara.
“The latest discovery at Snoek...
Could Jethro become Guyana’s next standalone oil development? The Orinduik Block discovery has been viewed that way since August 2019, when Tullow Oil said the find could hold more than 100 million barrels of recoverable oil and support a...
Drilling activity offshore Guyana has been extended through 2029 after ExxonMobil awarded Noble Corporation plc additional rig years under its Commercial Enabling Agreement.
The award applies evenly across four drillships operating in Guyana — Noble Sam Croft, Noble Don Taylor,...
As women-led enterprises continue to expand their influence across Guyana’s energy sector, the need for targeted support and guidance has become increasingly clear.
In response, SLB successfully hosted its first Women-Owned Business Supplier Forum - an initiative designed to amplify...
Eco Atlantic Oil and Gas is taking a fresh look at its 2019 Jethro-Lobe discovery offshore Guyana, after ExxonMobil’s Hammerhead project proved that heavy oil finds in the basin can be commercially developed.
Chief Executive Officer Gil Holzman said in...
Today, we continue our series on the Oil Pollution Prevention, Preparedness, Response, and Responsibility Act of 2025 (OPPPRR) by seeking to clarify the nature of, and differences between, two critical concepts: environmental liability and financial assurance.
These concepts continue to...
Guyana’s Agent in the Border Case with Venezuela before the International Court of Justice (ICJ), Carl Greenidge, said that while he is not a strategist, it would be unrealistic to dismiss the possibility of an invasion. However, he said the...
Stability, that’s the word investors want to hear, and in Guyana, they’re likely to get it.
Schreiner Parker, Partner and Head of Emerging Markets & NOCs at Norway-based Rystad Energy, believes the country’s political future looks steady enough to keep...
