First half of 2020 will be dominated by appraisal activities-Hess Chief Operating Officer
Chief Operating Officer (COO) of Hess Corporation, Greg Hill, announced yesterday that the work programme for the Stabroek Block will see the first half...
Liza Phase One development cost reduced from US$4.4B to US$3.5B
Hess Corporation reported today that cost for the Liza Phase One project has been substantially reduced. According to the company’s CEO John Hess, the...
We’re committed to fulfilling promise of shared prosperity in Guyana-Hess CEO
While he is pleased with the outstanding performance thus far in Guyana, Chief Executive Officer (CEO) of Hess Corporation, John Hess told investors today...
Hess to sell first million barrels of Guyana’s sweet crude in March
Hess Corporation, which has a 30 percent stake in the Stabroek Block, informed the Securities and Exchange Commission (SEC) today that it will sell...
Hess budgets over US$1.3B for exploration and development projects in Stabroek, Kaieteur blocks
Hess Corporation which holds a 30 percent stake in the Stabroek Block announced moments ago that its 2020 Exploration and Production capital and exploratory...
IDB provides US$150,000 loan to boost locals’ capacity for oil sector
The Inter-American Development Bank (IDB) has made available to Guyana a US$150,000 loan which will go towards boosting the capacity of locals so that...
EPA to go after technology to measure fluid loss by offshore oil companies–Dr. Adams
Head of the Environmental Protection Agency (EPA), Dr. Vincent Adams said he will be shooting for technology that will soon enable the regulatory body...
Comprehensive initiative needed to help local businesses thrive in oil sector-IDB
The Inter-American Development Bank (IDB) is one of the agencies supporting Guyana’s local content efforts. In fact, it has committed about US$400,000 to this...
ExxonMobil Guyana gives public a glimpse into “first oil” at Giftland Mall Energy Tunnel
ExxonMobil Guyana concluded yesterday another public engagement with an ‘Energy Tunnel’ at the Giftland Mall. The event which is the first of a series...
World Bank to help Energy Dept. develop capacity to review Field Development Plans
The World Bank will be assisting the Government of Guyana in its efforts to hire an experienced Consultant who would develop the capacity of...
