Govt. approves CGX, Frontera Energy farm-in joint venture

The Government has granted approval for Frontera Energy Corporation and CGX Energy Inc. to move ahead with their joint venture agreement offshore Guyana. Making...

ExxonMobil to proceed with Liza Phase 2 development offshore Guyana

ExxonMobil today announced that it has funded the Liza Phase 2 development offshore Guyana, which will produce up to 220,000 barrel of oil per...

Over 20 Guyanese companies to travel to Houston for major oil conference

By Abena Rockcliffe-Campbell Well over 20 local companies are preparing to head over to Houston, Texas for the Offshore Technology Conference (OTC), to be held...

Three more exploration wells for Stabroek Block this year -Hess

In light of its 13 successful oil discoveries, ExxonMobil and its partners Hess Corporation and CNOOC will continue to aggressively explore the Stabroek Block....

PPP meeting with oil experts to finalise 2020 vision and beyond

The People’s Progressive Party/Civic (PPP/C) is saying that it wants to make sure that the vision to be expressed in its manifesto — along...

ExxonMobil begins seismic survey of Turbot, Payara areas – MARAD

ExxonMobil’s subsidiary, Esso Exploration, and Production Guyana Limited (EEPGL), will be conducting 3D and 4D seismic surveys within the south-eastern portion of the Stabroek...

SEC freezes Anadarko assets, take over by Chevron, others now halted

The U.S. Securities and Exchange Commission (SEC) on Monday obtained an asset freeze in connection with suspected insider trading in Anadarko Petroleum Corp before...

Guyana’s oil jackpot increases potential for more than five FPSOs- Hess CEO

In light of the world-class oil finds in the Stabroek Block, Hess Corporation, which holds a 30 percent share in the block, has noted...

Tullow eyes its third well prospect in Kanuku Block

UK multinational company, Tullow Oil, plans to drill its third well prospect in the Repsol-operated Kanuku license off Guyana, which contains the Carapa prospect. The...

Airswift prioritizing Trinidadians to work in Guyana’s oil sector, Robert Persaud takes “umbrage”

During recent interviews with Guyana Standard, former Minister of Natural Resources, Robert Persaud, who now advocates for local content in Guyana’s oil and gas...

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