Guyana | Egypt Oil & Gas - Part 2

India Seeks Long-term Oil Supply from Guyana

India seeks a long-term contract to import oil from Guyana which is located in South America.

ExxonMobil to Develop Payara Field Offshore Guyana 

ExxonMobil has come to a final investment decision (FID) to proceed with developing the Payara field offshore project after receiving approval from the government.

ExxonMobil Makes 18th Discovery Offshore Guyana

American supermajor, ExxonMobil, has announced the discovery at the Redtail-1 well which will add to the previously estimated recoverable resource of more than 8 billion barrels of oil equivalent (bbboe) on the St ...

ExxonMobil Presses for Approval for Guyana Project

America’s supermajor, ExxonMobil Corporation, is putting pressure on the newly-installed Guyanese government to ratify the company’s third oil project in the Stabroek Block, which has been delayed due to political ...

Qatar Petroleum Acquires Stake in Total’s Guyana Assets

Qatar Petroleum (QP) announced that it has reached a deal with Total to acquire a share in two blocks offshore Guyana.

ExxonMobil Finds More Oil Offshore Guyana

ExxonMobil Corp. announced positive results from its Payara-1 well offshore Guyana early January.

Eco Atlantic Seeks Dual Listing for Offshore Licenses

Eco Atlantic Oil and Gas plans to seek admission of its shares to trading on the London-based Alternative Investment Market (AIM) in addition to Canada’s Toronto Stock Exchange (TSX).

Venezuela Lays Claim to Guyana Oil Field

Venezuela is laying claim to massive oil and gas reserves recently discovered by Exxon Mobil off the coast of Guyana,

Exxon to Continue Search for Guyana Oil Despite Venezuela’s Disputes

Exxon Mobil Corporation (NYSE:XOM) recently discovered oil off Guyana’s coast but the country is involved in a land dispute with Venezuela, which can potentially disrupt the oil major’s exploration activities.

UK Gets Involved in Spat Between Guyana, Venezuela Over Oil

British High Commissioner to Guyana, James Gregory Quinn has dismissed Venezuela’s most recent claim on Guyana’s oil rich Essequibo Coast, stating that it lacks solid grounds. Venezuela’s President Nicholas Maduro on ...

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