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Guyanese businesses to get more capacity building support under Exxon’s US$100M...

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The Centre for Local Business Development will this year be focusing on the improvement of the technical capacity of local businesses, and their plans...

Projects set to push Guyana’s production over 500,000 bpd by 2024...

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Preparations for the 220,000 barrels per day (bpd) Liza Phase 2 and Payara developments offshore Guyana are moving ahead on schedule and will soon...

Multiple wells under drill bit at Stabroek Block as explorers look...

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The planned exploration and appraisal drilling campaigns offshore Guyana are now in high gear with forays set to start and others ongoing at multiple...

Hess says high quality oil found at Uaru with potential for...

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In a bid to optimize the sequence of development opportunities at the prolific Stabroek Block, ExxonMobil and Stabroek Block co-venturers Hess and CNOOC are...

Hess reports US$252 million net income for Q1 2021, says Guyana...

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Hess Corporation which holds a 30 percent stake in the Stabroek Block offshore Guyana reported on Wednesday a net income of of US$252 million...

Stabroek Block co-venturer Hess sells some of its assets in the...

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Hess announced today that it has entered into an agreement to sell its Little Knife and Murphy Creek acreage interests in the Bakken in...

Hess to plug $150 million more into Guyana operations from sale...

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Hess announced today that it has entered into an agreement to sell its subsidiary Hess Denmark ApS, which holds a 61.5% interest in the...

Hess says Guyana production could hit 1.5 million bpd before 2030

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With every new discovery off the coast of Guyana, analysts have been ramping up their projections for output, making it clear that the new...

ExxonMobil, Stabroek co-venturers launch US$100 million initiative in Guyana

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ExxonMobil, Hess and CNOOC Limited, co-venturers in offshore oil development in the Stabroek Block, on Tuesday announced the formation of the Greater Guyana Initiative,...

Exxon set to announce major capacity building programme in Guyana

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ExxonMobil will today announce the roll out of a major capacity building initiative in Guyana that is expected to impact economic development in the...