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CNOOC seeking coordinator to lift its share of Guyana oil

Chinese oil company CNOOC is looking for a coordinator to lift is share of oil when production gets underway at the 120,000 bpd Liza...

ExxonMobil conducting met-ocean survey at Stabroek

ExxonMobil Guyana is currently conducting a met-ocean survey at its Stabroek Block offshore the South American country of Guyana. The operation, which is scheduled to...

Resource from 3 wells to be added to 5.5 billion estimate...

ExxonMobil said that the last three discoveries in the Stabroek Block offshore Guyana – Haimara, Tilapia and Yellowtail – will add to the 5.5...

Future oil discoveries at Stabroek could run into billions of barrels

Hess Corporation, a 30 percent stakeholder in the prolific Stabroek Block offshore Guyana, believes more mega oil deposits are still to be found in...

ExxonMobil looking to sanction 2 more developments in Guyana this year

As Guyana moves closer to producing its first barrel of oil from the Liza Phase 1 Development project, ExxonMobil is looking to make its...

Guyana oil bounty pushing demand for more drill capacity

On the heels of its record 13th discovery offshore Guyana, US oil major ExxonMobil is looking to ramp up its exploration and production activities...

Appraisal drilling underway at Hammerhead

Appraisal drilling is underway at the Hammerhead field in the Stabroek Block offshore Guyana as US oil major ExxonMobil continues to assess discoveries and...

Rystad ranks Tilapia among top 3 discoveries for Q1 2019

Norway-based Rystad Energy ranks the Tilapia discovery made by US oil major ExxonMobil off the Guyana coast in February as the third biggest conventional...

Offshore drilling making comeback with low-cost targets like Stabroek

Producing 120,000 barrels of oil per day from the Permian basin would require a $12.8 billion investment while hitting the same volume from Guyana’s...

Young Guyanese ecstatic about working offshore with ExxonMobil

Some 24 young Guyanese who have been given the opportunity to work with US oil major ExxonMobil on its giant Liza project offshore the...