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, a Guyanese official told Reuters. Guyana’s Minister of Natural Resources, Vickram Bharrat, said that India has announced it...
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 Guyana government, according to a press release. Payara is the third ...
ExxonMobil Makes 18th Discovery Offshore Guyana
US supermajor, ExxonMobil, has announced the discovery at the Redtail-1 well which will add to the previously estimated recoverable resources of more than 8 billion barrels of oil equivalent (bbboe) on the Stabroek Bl...
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 tur...
Qatar Petroleum Acquires Stake in Total’s Guyana Assets
Qatar Petroleum (QP) announced on July 29 that it has reached a deal with Total to acquire a share of exploration and production rights in two blocks offshore Guyana, Reuters reported. Three exploration wells are plan...
ExxonMobil Finds More Oil Offshore Guyana
ExxonMobil Corp. announced in early January it had further established offshore Guyana as a significant exploration province with a new oil discovery and successful appraisal drilling at its Liza field, Rigzone inform...
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), a sub-market of the London Stock Exchange, Offshore reported. The company is already l... 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, reported the Chicago Tribune. The two South American countries have long been tied together as part...
