ExxonMobil has begun appraising the Lau-Lau find, according to a recent notice published by Guyana’s Maritime Administration Department (MARAD)  Activities are being undertaken by the MODU Sam Croft rig and are expected to end around July 30.  MARAD said the Lau-Lau-2...

A hinterland poultry project called ‘Egg Sandwich’ is returning tangible results, according to an update from the Greater Guyana Initiative (GGI), its funder.  GGI, launched by the Stabroek Block partners, said Egg Sandwich “is transforming hinterland poultry production, providing both...

ExxonMobil has insured its eight-well Stabroek Block exploration campaign for the period February 2024 to February 2025, in conjunction with its Stabroek Block partners, Hess and CNOOC. The contract of insurance, published in Guyana’s Official Gazette, sets a limit of...

ExxonMobil is set to relinquish 20% of the 6.6-million-acre Stabroek Block in October, as required by its petroleum agreement with the government.  Alistair Routledge, President of ExxonMobil Guyana, affirmed the company will relinquish acreage to the government, in an April...

ExxonMobil is targeting the Trumpetfish-1 and Redmouth-1 wells next in its Stabroek Block exploration campaign.  According to notices from Guyana’s Maritime Administration Department (MARAD), drilling at Trumpetfish-1 is scheduled to conclude on April 30 while drilling at Redmouth-1 is scheduled...

The government of Guyana issued two main permitting documents to the ExxonMobil-led consortium pursuing the Whiptail development.  Minister of Natural Resources, Vickram Bharrat, issued the Petroleum Production License on April 12, 2024.  See below:  Whiptail Petroleum Production License Download Executive Director of the...

All Stabroek Block co-venturers have now filed for arbitration in wake of the 2023 announcement by Chevron that it struck a deal to acquire Hess Corporation. A big part of the deal for the U.S. major is the 30%...

Data from Guyana’s Ministry of Natural Resources indicates that in the month of February, ExxonMobil’s Liza 1 and 2 developments demonstrated the steadiest output at their respective peak ranges since production began. Payara was also stable with just a...

The Greater Guyana Initiative (GGI), in partnership with the Ministry of Education, Council for Technical and Vocational Education Training (C-TVET), and LearnCorp International, has launched Phase II of its technical and vocational training program across Guyana.  Building upon the success...

Guyana’s National Procurement and Tender Administration Board (NPTAB) recorded three bids for the provision of consulting services to verify Stabroek Block expenses. Specifically, the services include a cost recovery audit and validation of the Government of Guyana’s profit oil...