Canadian partners seeing oil in Wei-1 well but yet to determine commerciality
Frontera Energy Corporation along with CGX Energy announced on Wednesday evening that the Wei-1 well on the Corentyne block, approximately 200 kilometres offshore from...
BREAKING NEWS: High Court finds Exxon, EPA in breach of insurance provisions for Liza...
Guyana’s High Court Judge, Justice Sandil Kissoon today ruled that ExxonMobil’s affiliate and Stabroek Block operator, Esso Exploration and Production Guyana Limited (EEPGL) is...
TechnipFMC secures major subsea contract for Exxon’s Uaru Project
UK conglomerate TechnipFMC has secured a substantial contract with Esso Exploration and Production Guyana Limited (EEPGL), ExxonMobil's local affiliate, to supply the subsea production...
Demerara Bank reports $2.4B pre-tax profit for 2023 first quarter
Demerara Bank Limited has reported a $2.4B pre-tax profit for the first quarter of 2023. The financial institution attributed this growth to the positive...
Expressions of Interest already rolling in for excess gas from Wales Gas-to-Energy Project –...
Guyana’s Vice President, Dr. Bharrat Jagdeo recently revealed that the demand for excess gas from the country’s US$2B Gas-to-Energy initiative is already secured throughout...
SBM & ExxonMobil Guyana sign 10-year agreement for FPSO fleet operations
ExxonMobil Guyana has entered into a 10-year Operations and Maintenance Enabling Agreement with Dutch floater specialist, SBM Offshore for the maintenance and operation of...
More oil money to flow Guyana’s way from 14 oil blocks with application of...
Vice President Dr. Bharrat Jagdeo recently affirmed that Guyana's improved fiscal take from the 14 oil blocks now up for grabs in the nation’s...
Using a 300-megawatts solar power plant instead of Gas-to-Shore Project an impossible proposal –...
Following claims made by Energy Technologist, Alfred Bhulai that a solar plant would be a cheaper alternative for the planned Gas-to-Shore project at Wales,...
After 99 years of searching, Guyana unlocks multibillion barrel oil reserve; hopes to replicate...
By Sueann Wickham
Guyana has become a focal point for global discussions on the oil and gas industry, thanks to the discovery of vast oil...
Oil resources at Exxon’s Uaru project worth staggering $13 Trillion at current price per...
By Sueann Wickham
ExxonMobil Corporation’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL) along with its Stabroek Block partners are advancing steps to produce some...
