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Liza could be last major frontier oil play discovered in the...

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The Guyana-Suriname basin is viewed by analysts in the oil and gas industry as potentially the last major frontier for deepwater discoveries. The world-class...

Proposed, sanctioned offshore developments to deliver over 800,000 bpd by 2025

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Guyana has gone from having no known oil resources just 6 years ago to now holding over 9 billion barrels of oil equivalent. The...

More penetrations in Santonian could push Guyana oil resources even higher

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In addition to Uaru-2, three other discoveries offshore Guyana – Liza Deep, Tripletail and Yellowtail – have had deeper penetrations into the Santonian. That...

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...

Exxon confirms Yellowtail as 4th development being targeted at Stabroek Block

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In announcing its 19th oil discovery at the Stabroek Block offshore Guyana on Tuesday, ExxonMobil also confirmed that it will be pursuing its fourth...

Exxon hits pay at Uaru-2 in 19th Guyana oil discovery

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ExxonMobil announced on Tuesday its 19th discovery offshore the South American country of Guyana at the Uaru-2 well which will add to the previously...

Exploration drilling continues at Koebi-1

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The Stena Carron rig is resuming drilling operations at the Koebi-1 prospect in the prolific Stabroek Block offshore Guyana after an initial operation at...