Guyana
News
December 11, 2018
Total is ready to start its exploration campaign on the Guyane Maritime license, located 93.2 mi (150 km) off the French Guiana coast, in the days following the arrival of the drilling ship on site, as authorized by the prefectoral decree dated October 22, 2018.
News
December 10, 2018
Hess Corporation has announced a 2019 E&P capital and exploratory budget of $2.9 billion. Of this, approximately 75% will be allocated to high return growth assets in the Bakken and Guyana.
News
December 06, 2018
The Partners on the Orinduik Block, being Eco Atlantic, Total and Tullow (Operator), approved the initial 2019 work plan and budget for the first exploration well on the Orinduik Block on Nov. 30, 2018.
News
December 04, 2018
HOUSTON, LONDON and SINGAPORE -- ExxonMobil's run of success continued with its 10th Guyana discovery on in early December 2018.
News
December 03, 2018
ExxonMobil has made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 Bboe.
News
December 03, 2018
Hess Corporation has made its tenth discovery offshore Guyana at the Pluma-1 well on the Stabroek Block.
News
October 31, 2018
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licenses in highly prospective regions in Guyana and Namibia, announces today that, further to the Company's announcement of Sept. 13, 2018, the Honourable David Granger, president of the Cooperative Republic of Guyana and the Minister Responsible for Petroleum, has approved the transfer of the 25% working interest (WI) in the Orinduik Block, offshore Guyana.
News
September 27, 2018
Eco (Atlantic) Oil & Gas Ltd., an oil exploration focused company with licenses in the highly prospective regions of offshore Guyana and in the Walvis basin offshore Namibia, has updated the market on its PEL 30 Block (Cooper Block) in Namibia.
News
September 13, 2018
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licenses in highly prospective regions in Namibia and Guyana, is delighted to announce that Total E&P Activités Pétrolières, a wholly owned subsidiary of Total Petroleum SA (Total), has exercised its option to acquire a 25% working interest in the Orinduik Block, offshore Guyana, from Eco Atlantic (Guyana) Inc., a wholly owned subsidiary of the Company.
News
August 30, 2018
ExxonMobil has announced its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.
News
July 25, 2018
Exxon Mobil increased its estimate for a giant offshore oil discovery in Guyana by 25%, but it may just be the beginning.
News
July 23, 2018
ExxonMobil has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion boe.
News
July 03, 2018
SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited has awarded the company contracts to perform front end engineering and design for a second floating production, storage and offloading vessel for the Liza development located in the Stabroek block in Guyana.
News
June 20, 2018
ExxonMobil announced that it made its eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block.
News
June 12, 2018
ExxonMobil commenced drilling on its Liza Phase 1 development offshore Guyana.
News
April 30, 2018
Hess Corporation has announced that its subsidiary, Hess Guyana (Block B) Exploration Limited, had reached agreement with Esso Exploration and Production Guyana Limited (ExxonMobil) to acquire a 15% participating interest in the Kaieteur Block, offshore Guyana.
News
April 19, 2018
Eco Atlantic released an update on the processing and interpretation of recently acquired 2,550 sq km of 3D seismic on the company’s Orinduik Block, offshore Guyana.
News
April 09, 2018
ExxonMobil got such a favorable deal from Guyana, the country should rewrite its tax laws, the IMF said.
News
March 12, 2018
Hess Corp. has announced that its board of drectors has authorized the purchase of $1.0 billion of Hess common stock by the end of 2018. The newly authorized program is in addition to the $500 million share repurchase program Hess announced in late 2017.
News
February 28, 2018
ExxonMobil Corporation has announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well.
News
February 20, 2018
Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, is pleased to announce that Eco (Guyana) Oil and Gas (Barbados) Ltd. (Eco Barbados), a wholly owned subsidiary of the Company, has agreed to acquire the remaining 6% interest in Eco (Atlantic) Guyana Inc. (Eco Guyana), following which Eco Guyana will become a wholly owned subsidiary of the company.
