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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...

Payara development targeting 220,000 bpd peak production

ExxonMobil’s 3rd proposed development at the Stabroek Block offshore Guyana is targeting 180,000 to 220,000 barrels of oil per day with a potential start...

Multiple campaigns underway at Stabroek Block

Marine traffic is set to increase in the coming weeks at the Stabroek Block offshore Guyana as exploration and development activities ramp-up and installation...

Apache eyeing large prospects offshore Suriname; mid-year drill campaign targeted

Houston-based Apache Corporation is set to spud its first well offshore Suriname by mid-year in Block 58 which sits adjacent to sections of the...

Tilapia encountered “highest net pay count” to date on Stabroek Block

The two most recent discoveries on Guyana’s prolific Stabroek Block is particularly significant since one represents the highest net pay count found to date...

Venezuela claim on Guyana territory cuts Stabroek Block…’entirely’ – Greenidge

More than five billion barrels of oil have been discovered to date off the Guyana coast in an area called the Stabroek Block which...

Hess expects free cash flow generation by 2022 – John Hess

CEO of HESS Corporation John Hess said that despite the volatility in oil prices and the decline of financial markets, Hess has not changed...