Tullow makes back to back discoveries on Orinduik Block
Tullow Oil has made a second discovery following the drilling of its Joe-1 exploration well on the Orinduik Block. The well was drilled by...
ExxonMobil makes 1st Tripletail-1 well discovery offshore Guyana
Director, Department of Energy, Dr. Mark Bynoe, today, announced that ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1...
Unmitigated Oil spill in Payara field would directly affect Region One-EIA
ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), is seeking the approval of the Environmental Protection Agency (EPA) for a third field development...
ExxonMobil seeking EPA approval for third field development on Stabroek Block
ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), is wasting no time when it comes to the development of the Stabroek Block.
In addition...
Guyana may be forced to accept some of ExxonMobil’s costs for Stabroek Block as...
Due to its acceptance of relatively short auditing timelines for expenses incurred for the exploration, development, and production phases of the Stabroek Block, the...
Labour laws to be reviewed to cater for Oil and Gas – Minister Scott
Guyana’s Labour Laws will have to be reviewed to better cater for the budding oil and gas sector, says Minister within the Ministry of ...
SBM Offshore to supply Guyana with more FPSOs following agreement with Exxon
Following its completion and delivery of the Liza Destiny, Guyana’s first Floating Production Storage and Operating (FPSO) vessel, SBM Offshore has successfully secured a...
US$100M Investment fund launched to support onshore oil activities in Guyana
Coming out of a recent Conference and Exhibition in Scotland was the launching of a US$100M Investment Fund to provide support to onshore activities...
GO-Invest Head refuses to confirm yet another oil find after making overseas announcement
Chief Executive Officer (CEO) of the Guyana Office for Investment (GO-Invest), Owen Verwey, was quoted by an international magazine, Petroleum Economist, saying that another...
Foreign investors unfazed by Guyana’s looming Local Content Policy – GCCI
Despite the pending introduction of a Local Content Policy, there is increased interest from foreign investors who are looking to take a bite out...
