Guyana to see one FPSO each year after 2022-Hess CEO
The Liza Destiny, Guyana’s first Floating Production Storage and Offloading (FPSO) vessel, is expected to kick start oil production in the first quarter of...
GRA to capitalize on all available foreign aids, technical assistance for first oil
Cognizant of the impact the petroleum sector will have on the nation’s Gross Domestic Product (GDP), the Guyana Revenue Authority (GRA) recently noted that...
Calls for renegotiation have no substance, Guyana needs our investment –Hess CEO
In spite of registered calls in the media for the Stabroek Block Production Sharing Agreement (PSA) to be renegotiated, Hess Corporation says it is...
Hess Senior VP lauds Stabroek Block oil finds as company’s “game changer”
Hess Corporation, which has a 30 percent stake in the Stabroek Block, could hardly wait for the day Guyana becomes an oil producer in...
Oil spilled in Liza field would take 5 to 15 days to reach Guyana’s...
If an oil spill were to occur in the Stabroek Block’s Liza field, it is highly unlikely that it would reach the Guyana shoreline....
Even with recent oil find in Guyana, Eco Atlantic likley to sell –Investment Bank
Even though Eco Atlantic is riding high on the glory of finding oil in the Jethro-1 well of the Orinduik Block, it is likely...
ExxonMobil hosts oil spill response training for CDC, other stakeholders
With activity offshore Guyana growing exponentially, so too does the possibility of an oil spill. In acknowledgement of this fact, ExxonMobil Guyana, which is...
Liza Destiny arrives in Guyana’s waters
The Liza Destiny, Guyana’s first oil production vessel, has arrived in the Stabroek Block. This is after traveling nearly 11 thousand nautical...
Joe prospect on Orinduik Block estimated to hold 148.3M barrels of oil
The second well spudded on the Orinduik Block on August 25 at 14: 45 hrs, being the Joe-1 prospect, is said to...
Exxon begins preparation for installation of FPSO at Lisa Phase 1 area
ExxonMobil and its partners today began preparations for the commencement of installation activities for the Floating Production Storage and Offloading (FPSO) vessel,...
