Guyana
News
ExxonMobil makes “significant” oil, natural gas discovery in prolific Stabroek block offshore Guyana
October 27, 2023
This discovery from the Lancetfish-2 well is the fourth made in 2023 in the country, bringing the total amount of recoverable oil and natural gas resources to 11 billion barrels.
News
October 26, 2023
Guyana’s government has encouraged the joint venture to develop its oil resources “as fast as we can” to earn revenues for the country and its citizens, Hess said.
News
October 24, 2023
Guyana’s oil production is on course to triple to 1 MMbpd by the end of the decade, a rapid expansion for a field that pumped its first barrel at the end of 2019.
News
October 23, 2023
Hess’ Bakken assets add another leading U.S. shale position to Chevron’s DJ and Permian basin operations and further strengthen domestic energy security.
News
October 13, 2023
The FPSO will be designed to produce 250,000 boed, will have associated gas treatment capacity of 540 MMcfd and water injection capacity of 300,000 bpd. The FPSO will be spread moored in water depth of about 1,630 m and will be able to store around 2 MMbbl of crude oil.
News
September 13, 2023
The reserves, located in water depths between 100 and 1,000 meters, will be produced through a system of subsea wells connected to a FPSO located 150 km offshore Suriname, with an oil production capacity of 200,000 bpd.
News
September 04, 2023
Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project offshore Angola. The company has also been awarded a contract for work on a jumper installation project in the Stabroek block offshore Guyana.
News
August 15, 2023
Apache Corp., confident in its oil discovery with TotalEnergies SE off Suriname’s coast, is pursuing further discussions for a floating liquefied natural gas (LNG) site in cooperation with neighboring Guyana, an Apache executive told analysts and investors.
News
August 10, 2023
Tullow’s decision to exit the Orinduik license is in line with its strategy to focus on its high return production assets in Africa and infrastructure-led exploration around producing hubs and delivering its objective to unlock value in emerging basins.
News
July 10, 2023
Not only have oil and gas companies been drawn to Guyana’s vast hydrocarbon resources, but they’ve also taken note of the country’s attractive regulatory and fiscal regimes.
News
June 28, 2023
CGX Energy Inc. and Frontera Energy Corporation are excited to announced today that the Joint Venture has discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana.
News
June 14, 2023
A bypass well (Wei-1BP1) was drilled from 18,757' to total depth and penetrated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne block.
News
May 24, 2023
The contract includes Trendsetter’s TCS subsea connectors, hubs, and an assortment of pressure caps and tooling. The contract also includes subsea valves, sourced from Advanced Technology Valve (ATV) in Colico, Italy.
News
May 19, 2023
The contract includes delivery of three dynamic and seven static umbilicals totaling over 52 kilometers in length.
News
May 04, 2023
The final phase of the awarded scope of work includes the design, fabrication and installation of subsea structures, risers, flowlines, and umbilicals for a large subsea production facility. Saipem will perform the operations using its flagship vessels FDS2 and Saipem Constellation.
News
May 03, 2023
TechnipFMC will provide project management, engineering, and manufacturing to deliver the overall subsea production system. The award covers 44 subsea trees and associated tooling, as well as 12 manifolds and associated controls and tie-in equipment.
News
April 28, 2023
The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 bbl of daily capacity after a targeted startup in 2026.
News
April 17, 2023
With a fleet of 6 vessels (Large PSV, AHTS & Tugs) and the full range of marine services, Bourbon Guyana has operated in the country since 2019 and has since then successfully supported ExxonMobil Guyana and Saipem Guyana for the development of Stabroek field, promoting local employment with more than 70 Guyanese seafarers onboard its vessels.
News
March 07, 2023
The country’s first auction is expected to take place by the end of May after being delayed by a few weeks as the government finalizes contract terms and legislation that ensure it secures a larger share of proceeds, Jagdeo said in an interview in Houston on Monday. The country has ample drilling locations to justify a second sale next year.
News
February 16, 2023
The MOU between Energy NL and the Canada Guyana Chamber of Commerce is intended to establish a good faith relationship between both organizations which will lead to the mutual benefit of their memberships.
