Guyana News

 

ExxonMobil Finds More Oil in Stabroek Block Offshore Guyana

Jun 09, 2021

U.S. oil major ExxonMobil said Wednesday it had made another oil discovery in the Stabroek block offshore Guyana, this time at the Longtail-3 well.'Drilling at Longtail-3 encountered 230 feet (70 meters) of net pay, including newly identified, high-quality hydrocarbon-bearing reservoirs below the original Longtail-1 discovery intervals. The well is located approximately two miles (3.5 kilometers) south of the Longtail-1 well…

C-Innovation Wraps Guyana Survey Remotely from U.S. HQ

Jun 14, 2021

C-Innovation, LLC (C-I), an Edison Chouest Offshore affiliate, said on Monday that it has completed its first remote survey scope in Guyana.Remote survey operations are based in C-I’s headquarters in Mandeville, Louisiana, U.S., and conducted by C-Survey (C-S)…

Saipem Opens Offshore Construction Facility in Guyana

Jun 07, 2021

Italian offshore energy services company Saipem has inaugurated its new facility at the port of Georgetown, Guyana, to support its offshore oil and gas installation activities in the country.'The Saipem Guyana Offshore Construction Facility…

ExxonMobil Restarting Ops in Canje Block, Offshore Guyana with Jabillo-1 Well Spud

Jun 07, 2021

U.S. oil major ExxonMobil is resuming operations at the Canje Block offshore Guyana with the drilling of the billion-barrel prospect Jabillo-1, using the Stena Carron Drillship.The news was shared by Westmount Energy, a company that owns a stake in one of ExxonMobil's Canje block partners…

Exxon Mobil Relinquishes Stake in Ghana Offshore Block

Jun 04, 2021

Exxon Mobil has relinquished its 80% interest in Ghana’s Deepwater Cape Three Points offshore block, a spokesman told Reuters on Thursday.“Exxon Mobil is prioritizing near-term capital spend on the most advantaged assets with the lowest cost…

Lawsuit Challenges ExxonMobil's Exploration and Production Activities in Guyana

Jun 02, 2021

A landmark lawsuit filed against Guyana's government, arguing that oil production fuels climate change, could bolster legal action as court cases involving energy companies and state authorities surge, according to lawyers and environmentalists…

Siem Offshore Lands Offshore Vessel Charter in Guyana

Jun 02, 2021

Norwegian offshore vessel owner Siem Offshore has won a contract for its Siem Dorado multi-purpose support vessel in Guyana.Siem Offshore said the contract was for 55 days firm, in addition to mobilization and demobilization fees, with extension options included…

Tucker Energy Services to Offer Tendeka's Tech in the Caribbean

May 25, 2021

Tucker Energy Services has signed a deal with Tendeka to promote the sales, installation, and services of Tendeka’s completion technologies across Trinidad, Suriname, and Guyana.'Tendeka’s technology and business development experts in Houston…

New Contracts Drive Maersk Drilling to Upgrade Financial Guidance for 2021

May 19, 2021

Danish offshore drilling company Maersk Drilling on Wednesday upgraded its financial guidance for the year 2021, on the back of improved contracting performance.'Maersk Drilling continues to demonstrate strong commercial and operational performance…

Remazel to Deliver Equipment for SBM Offshore's Prosperity FPSO

May 12, 2021

SBM Offshore, one of the world's largest suppliers of FPSOs, has hired the Italian engineering firm Remazel Engineering for the supply of a mooring tensioning system and riser pull-in package for an FPSO being built for deployment at ExxonMobil's Stabroek block in Guyana…

Suriname: Total Extends Maersk Drilling Rig Charter

May 12, 2021

French oil firm Total has extended the contract with the Danish drilling contractor Maersk Drilling for the use of the Maersk Developer offshore drilling rig in Suriname.Total, via its Suriname subsidiary Total E&P Suriname, has exercised an…

ExxonMobil Makes Oil Discovery at Uaru-2 Offshore Guyana

Apr 27, 2021

U.S. oil major ExxonMobil said on Tuesday it made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana.Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently…

2020: A Year Like No Other with a Mixed Outlook for Subsea

Apr 22, 2021

On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices…

CGX Hires Maersk Semi-sub for Guyana Drilling

Apr 22, 2021

CGX Resources, an oil and gas company with offshore blocks in Guyana, has awarded Maersk Drilling a one-well rig contract.The Danish offshore drilling contractor said Thursday that CGX would use its semi-submersible drilling rig Maersk Discoverer…

Royston Wraps Engine Overhaul on Stena DrillMAX Drillship

Apr 19, 2021

Marine engineering and propulsion company Royston has said it has recently completed engine overhaul work onboard Stena Drilling's drillship Stena DrillMAX, ahead of the rig's departure for work in Guyana.'Work on the 228m length ‘Stena DrillMAX’ saw a 48…

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