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T&T firm wants to farm into land-based oil blocks in Guyana

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...

Supermajor Total in new Option Agreement with Eco for 25% interest in Orinduik Block

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 nears completion of survey on Orinduik Block

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...

ExxonMobil, Hess and Statoil farm into Suriname blocks

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...

Ratio to announce start of 3D seismic work in Kaieteur Block

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...

Exxon to carry out exploratory work in newly acquired Kaieteur block, drilling to begin at Liza-4 well

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...

SBM’s Fast4Ward model cut FPSO delivery by up to a year, with Guyana among its clearest tests

SBM Offshore introduced its Fast4Ward program to improve predictability and shorten delivery timelines for floating production, storage and offloading (FPSO) projects, Chief Operating Officer Alex Glenn said in a March interview with Offshore Biz. “A decade ago, our industry was...

Pandora Energy, Western Logistics, SBM Offshore, MODEC, ExxonMobil among others to feature at UG Open Day & Job Fair April 17–18

The University of Guyana will host its Open Day & Job Fair 2026 on April 17 and 18 at the Sattaur and Ameena Gafoor Multipurpose Auditorium, Turkeyen Campus, from 10:00h to 16:00h daily. The event will be held under the...

GGI call invites local groups to “shape Guyana’s sustainable development future” – lead

The Greater Guyana Initiative (GGI), a US$100 million investment by Stabroek Block co-venturers ExxonMobil Guyana, Hess Guyana Exploration, and CNOOC Petroleum Guyana, is inviting proposals from civil society organizations as part of its ongoing capacity development program in Guyana. “Applying...

Westwood sees Guyana exceeding 100 subsea trees by 2030

Guyana is among the high-growth offshore markets expected to require more than 100 subsea trees by 2030, according to Westwood Global Energy Group in an April 13 LinkedIn post. “High-growth markets including Australia, China, and Guyana are each expected to...

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Iran threatens to close just-reopened Strait of Hormuz if U.S. blockade continues

Iran is now warning it will shut the Strait of Hormuz to commercial shipping again if the United States...