The new coalition government that came to office in Guyana in 2015 felt it was in the country’s best interest for ExxonMobil – the only company with a willingness at the time to explore in territory threatened by Venezuela...
Decker Petroleum Marketing Company Ltd., a Trinidadian company focused on the production of asphalt, has formally expressed its intention to pursue onshore exploration and production of hydrocarbons in Guyana.
OilNOW has learnt that the expression of interest came days after...
Toronto, Ontario (FSCwire) - Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO, TSX-V:EOG), is pleased to announce that its subsidiary, Eco Atlantic (Guyana) Inc. has entered into an option agreement on its Orinduik Block, offshore Guyana, with Total E&P...
Eco (Atlantic) Oil & Gas Ltd. says it is wrapping up a 2,550 km2 3D seismic survey on the 1,800km2 Orinduik Block offshore Guyana, together with its Operating Partner, Tullow Oil plc.
The oil junior had announced the commencement of the survey...
Suriname state oil company Staatsolie and the consortium consisting of ExxonMobil, Hess and Statoil have reached an agreement regarding a PSC for Block 59 offshore Suriname.
At the same time, an agreement was reached with Statoil for Block 60. The...
Israeli-based Ratio Guyana Limited will soon announce commencement of 3D seismic work with its joint venture partner Esso Exploration and Production Guyana Limited (EEPGL), a subsidiary of US oil exploration giant ExxonMobil, in the Kaieteur Block, offshore Guyana.
OilNOW understands...
US oil major ExxonMobil will soon begin preliminary exploration work in the Kaieteur block, an area adjacent to the Stabroek block offshore Guyana, which the company recently acquired. Drilling will also commence at the Liza-4 well in the eastern...
Deepwater oil and gas development will remain a major driver of global supply, with Brazil and Guyana expected to underpin production growth, according to discussions at a recent Deepwater Development Conference in Lisbon, Portugal.
The conference, organized by World Oil...
The Ministry of Natural Resources and CNOOC Petroleum Guyana Limited have opened applications for fully funded scholarships in China for 2026, adding Energy Economics to the list of programs available to Guyanese students.
The scholarship opportunity, according to a public...
Several seismic surveys are underway or planned offshore Guyana, as companies and the government gather new subsurface data to guide exploration in the country’s Exclusive Economic Zone (EEZ).
These programs target both shallow-water and ultra-deepwater acreage and are designed to...
