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  • Hess Guyana Exploration Ltd.

Tag: Hess Guyana Exploration Ltd.

Hess To Market Guyana Oil
Guyana Latin America and Caribbean

Hess To Market Guyana Oil

ENERGY ANALYTICS INSTITUTE (EAI)09/02/202111/02/2021
(Reuters, 9.Feb.2021) — U.S. oil producer Hess Corp has been selected to market two Guyana crude oil shipments as the emerging oil power seeks a permanent partner to handle its...
Taiwan To Open Office In Guyana
Guyana Latin America and Caribbean

Taiwan To Open Office In Guyana

ENERGY ANALYTICS INSTITUTE (EAI)03/02/202104/02/2021
(Energy Analytics Institute, 3.Feb.2021) — Taiwan announced plans to establish an office in emerging petro-state Guyana, according to details revealed by the US Embassy in Guyana. “Deepening ties between Guyana...
Hess Corp.’s 4Q:20 Earnings Call Transcript
Guyana Latin America and Caribbean North America USA

Hess Corp.’s 4Q:20 Earnings Call Transcript

ENERGY ANALYTICS INSTITUTE (EAI)27/01/202129/01/2021
(Seeking Alpha, 27.Jan.2021) — A full transcript of the Hess Corporation4Q 2020 earnings conference call from 27 January 2021 at 10:00 am ET follows here. Executives Jay Wilson - VP,...
Hess Announces 2021 E&P CAPEX Of $1.9bn
Guyana Latin America and Caribbean North America Suriname USA

Hess Announces 2021 E&P CAPEX Of $1.9bn

ENERGY ANALYTICS INSTITUTE (EAI)25/01/202125/01/2021
(Hess, 25.Jan.2021) — Hess today announced a 2021 Exploration & Production capital and exploratory budget of $1.9bn, of which more than 80% will be allocated to Guyana and the Bakken....
Guyana Gets Fourth Oil Lift
Guyana Latin America and Caribbean

Guyana Gets Fourth Oil Lift

ENERGY ANALYTICS INSTITUTE (EAI)28/12/202030/12/2020
(Stabroek News, 28.Dec.2020) — At a price of close to US$49.50 per barrel of oil, Guyana has received its fourth one million barrels of oil scheduled for this year and...
Guyana Plans To Export 5-6 Crude Cargoes In 2021
Guyana Latin America and Caribbean

Guyana Plans To Export 5-6 Crude Cargoes In 2021

ENERGY ANALYTICS INSTITUTE (EAI)22/12/202024/12/2020
(Argus, 22.Dec.2020) — Guyana plans to export "five to six" 1mn bl cargoes of its crude entitlement from the deepwater Stabroek block in 2021 to offset lower-than-expected shipments in 2020,...
ExxonMobil Hits Guyana Oil Output Goal
Guyana Latin America and Caribbean Venezuela

ExxonMobil Hits Guyana Oil Output Goal

ENERGY ANALYTICS INSTITUTE (EAI)21/12/202029/12/2020
(Argus, 21.Dec.2020) — ExxonMobil reached targeted crude production of 120,000 b/d at the Liza 1 well on Guyana's deepwater Stabroek block, a milestone that had been delayed by an earlier...
Gov’t Worked With Exxon For Maximum Production
Guyana Latin America and Caribbean

Gov’t Worked With Exxon For Maximum Production

ENERGY ANALYTICS INSTITUTE (EAI)20/12/202022/12/2020
(DPI, 20.Dec.2020) — The government of Guyana says it welcomes the announcement by US oil and gas company ExxonMobil that it has reached maximum production of 120,000 barrels of oil...
Bright Future For Suriname And Guyana
Guyana Latin America and Caribbean Suriname

Bright Future For Suriname And Guyana

ENERGY ANALYTICS INSTITUTE (EAI)02/12/202004/12/2020
(Petroleum Economist, 2.Dec.2020) — Crumbling oil prices and volatile energy demand have tipped Latin America into a sharp recession, exacerbated by one of the world’s worst Covid-19 mortality rates. But...
Elliott Management Invests In Guyana Oil Explorer
Guyana Latin America and Caribbean

Elliott Management Invests In Guyana Oil Explorer

ENERGY ANALYTICS INSTITUTE (EAI)24/11/202025/11/2020
(Reuters, 24.Nov.2020) — Activist hedge fund Elliott Management Corp has invested at least $30 million in Cataleya Energy, a small firm focused on oil exploration in Guyana, the world's newest...
Exxon’s To Plug Tanager-1 Well Offshore Guyana
Guyana Latin America and Caribbean

Exxon’s To Plug Tanager-1 Well Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)17/11/202018/11/2020
(Westmount, 17.Nov.2020) — Westmount Energy Ltd., further to the announcement by Ratio Petroleum Energy Limited Partnership dated today, that the Tanager-1 well, offshore Guyana, has been reported as an oil...
Exxon Guyana Conducts Maintenance Operations
Guyana Latin America and Caribbean

Exxon Guyana Conducts Maintenance Operations

ENERGY ANALYTICS INSTITUTE (EAI)11/11/202026/11/2020
(Energy Analytics Institute, 11.Nov.2020) — ExxonMobil Guyana recently conducted maintenance on some oil spill response equipment located offshore the small South America country. “This maintenance and training activity involved deploying...
Guyana Says Getting Better Oil Deal
Guyana Latin America and Caribbean

Guyana Says Getting Better Oil Deal

ENERGY ANALYTICS INSTITUTE (EAI)10/11/202025/11/2020
(Energy Analytics Institute, 10.Nov.2020) — The government of Guyana, the newest petro-state in the Latin America and Caribbean region, announced it has made strides in extracting better benefits from oil...
Hess CEO Eyes 10 FPSOs In The Stabroek Block
Guyana Latin America and Caribbean

Hess CEO Eyes 10 FPSOs In The Stabroek Block

ENERGY ANALYTICS INSTITUTE (EAI)29/10/202029/10/2020
(Energy Analytics Institute, 29.Oct.2020) — Hess Corporation CEO John Hess announced estimated resources offshore Guyana in the Stabroek Block were approximately 9 billion barrels of oil equivalent, and potentially requiring...
Quick Comparison: Liza 1 And Payara Developments
Guyana Latin America and Caribbean

Quick Comparison: Liza 1 And Payara Developments

ENERGY ANALYTICS INSTITUTE (EAI)05/10/202006/10/2020
(Energy Analytics Institute, 5.Oct.2020) — Major differences in the licenses for the Liza Phase 1 and Payara developments offshore Guyana in the Stabroek Block as provided by Guyana’s Ministry of...
Payara Licence A Major Improvement On Liza 1
Latin America and Caribbean

Payara Licence A Major Improvement On Liza 1

ENERGY ANALYTICS INSTITUTE (EAI)03/10/202006/10/2020
(DPI, 3.Oct.2020) — The new licence issued to Esso Exploration and Production Guyana Limited (EEPGL) for the development of its Payara well features significant new clauses missing from the Liza 1...
Payara Development More Expensive Than Liza Phase 2
Guyana Latin America and Caribbean

Payara Development More Expensive Than Liza Phase 2

ENERGY ANALYTICS INSTITUTE (EAI)01/10/202010/10/2020
(Energy Analytics Institute, 1.Oct.2020) — The recently sanctioned Payara development located offshore Guyana in the Stabroek Block will demand a hefty $9bn development cost due to requiring more drill centers...
ExxonMobil To Proceed With Payara Development
Guyana Latin America and Caribbean

ExxonMobil To Proceed With Payara Development

ENERGY ANALYTICS INSTITUTE (EAI)30/09/202001/10/2020
(Exxon, 30.Sep.2020) — ExxonMobil made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project in the...
Exxon Eyes 10 Drill Centers For The Payara Development
Guyana Latin America and Caribbean

Exxon Eyes 10 Drill Centers For The Payara Development

ENERGY ANALYTICS INSTITUTE (EAI)30/09/202026/11/2020
(Energy Analytics Institute, 30.Sep.2020) — Exxon announced the Final Investment Decision (FID) was made to proceed with development offshore Guyana of the Payara field. The decision was taking by the...
Hess Corp. CEO John Hess Eyes Imminent Payara Deal
Guyana Latin America and Caribbean

Hess Corp. CEO John Hess Eyes Imminent Payara Deal

ENERGY ANALYTICS INSTITUTE (EAI)09/09/202014/09/2020
(Energy Analytics Institute, 9.Sep.2020) — Hess Corporation CEO John B. Hess is optimistic the Guyanese government of new President Mohamed Irfaan Ali will give approval in coming weeks for the...
Hess Finds More Oil At Redtail-1, Yellowtail-2
Guyana Latin America and Caribbean

Hess Finds More Oil At Redtail-1, Yellowtail-2

ENERGY ANALYTICS INSTITUTE (EAI)08/09/202008/09/2020
(Hess, 8.Sep.2020) — Hess announced another oil discovery offshore Guyana at the Redtail-1 well, the 18th discovery on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate...
Exxon Limits Guyana Output Due To Gas Injection Issues
Guyana Latin America and Caribbean

Exxon Limits Guyana Output Due To Gas Injection Issues

ENERGY ANALYTICS INSTITUTE (EAI)21/08/202026/08/2020
(Reuters, 21.Aug.2020) — Exxon Mobil Corp is limiting output at its flagship offshore project in Guyana to 100,000 barrels-per-day (bpd) due to more issues with the reinjection of natural gas,...
Guyana Planning For More Demands On ExxonMobil
Guyana Latin America and Caribbean

Guyana Planning For More Demands On ExxonMobil

ENERGY ANALYTICS INSTITUTE (EAI)20/08/202026/08/2020
(Forbes, 20.Aug.2020) — With the newly-elected People’s Progressive Party/Civic (PPP/C) government now firmly in place following five months of vote-counting controversy, Guyanese President Irfaan Ali and his Vice President, Bharrat...
UK’s Global Witness Urges Guyana Renegotiate Oil Deal
Guyana Latin America and Caribbean

UK’s Global Witness Urges Guyana Renegotiate Oil Deal

ENERGY ANALYTICS INSTITUTE (EAI)18/08/202021/08/2020
(Caribnews, 18.Aug.2020) — The United Kingdom-based, anti-corruption organization Global Witness yesterday called on the new Government here to immediately investigate and renegotiate the US-owned oil giant Exxon’s exploitative oil license...
Former Alberta Premier To Head Payara Review
Canada Guyana Latin America and Caribbean North America

Former Alberta Premier To Head Payara Review

ENERGY ANALYTICS INSTITUTE (EAI)16/08/202018/08/2020
(CBC News, 16.Aug.2020) — Former Alberta Premier Alison Redford will head a team of consultants in a review of oil giant Exxon Mobil's proposed Payara oil well in the South...
Intl Team To Undertake Payara Contract Review
Guyana Latin America and Caribbean

Intl Team To Undertake Payara Contract Review

ENERGY ANALYTICS INSTITUTE (EAI)15/08/202021/08/2020
(Guyana Ministry of Natural Resources, 15.Aug.2020) — The Ministry of Natural Resources recently announced the review of the Esso Exploration and Production Guyana Limited’s (EEPGL) Payara contract and, in the...
Payara Approval Will Not Be Rushed: Bharrat Says
Guyana Latin America and Caribbean

Payara Approval Will Not Be Rushed: Bharrat Says

ENERGY ANALYTICS INSTITUTE (EAI)14/08/202014/08/2020
(Kaieteur News, 14.Aug.2020) — Even though the PPP/C government may be desirous of granting the approval for ExxonMobil’s third development project within a reasonable timeframe, it will not be rushing...
Payara, Payara, Payara!
Guyana Latin America and Caribbean

Payara, Payara, Payara!

ENERGY ANALYTICS INSTITUTE (EAI)13/08/202014/08/2020
(Kaieteur News, 13.Aug.2020) — Payara will be proof and pave the way. Payara could be the first plank toward petroleum prosperity. That delay pending review is a constructive move. For...
Guyana Could Clear ExxonMobil’s Payara Project
Guyana Latin America and Caribbean

Guyana Could Clear ExxonMobil’s Payara Project

ENERGY ANALYTICS INSTITUTE (EAI)11/08/202013/08/2020
(Argus, 11.Aug.2020) — Guyana's new government will decide by the end of August whether to approve ExxonMobil's 220,000 b/d Payara project, natural resources minister Vickram Bharrat said. Payara is ExxonMobil's...
Guyana Mulls Absorbing Energy Dept Into Ministry
Guyana Latin America and Caribbean

Guyana Mulls Absorbing Energy Dept Into Ministry

ENERGY ANALYTICS INSTITUTE (EAI)10/08/202015/08/2020
(Argus, 10.Aug.2020) — Guyana's new natural resources minister is computer scientist Vickram Bharrat, a key appointment for the rapidly expanding oil sector. Bharrat, who is part of the administration of...
Guyana Elects Mohamed Irfaan Ali President
Guyana Latin America and Caribbean

Guyana Elects Mohamed Irfaan Ali President

ENERGY ANALYTICS INSTITUTE (EAI)02/08/202003/08/2020
(Energy Analytics Institute, 2.Aug.2020) — Guyana’s Election Commission (GECOM) announced 2 August 2020 that Mohamed Irfaan Ali, the leading candidate from the People’s Progressive Party/Civic (PPP/C) had won the country’s...
Liza Unity Hull Arrives In Singapore
Asia Guyana Latin America and Caribbean

Liza Unity Hull Arrives In Singapore

ENERGY ANALYTICS INSTITUTE (EAI)15/07/202021/07/2020
(Energy Analytics Institute, 15.Jul.2020) — The Liza Unity FPSO hull has arrived from China to the Keppel shipyard in Singapore where it will be fitted with 13 topside modules to...
Visa Curbs On Guyanese “Undermining Democracy”
Guyana Latin America and Caribbean

Visa Curbs On Guyanese “Undermining Democracy”

ENERGY ANALYTICS INSTITUTE (EAI)15/07/202024/07/2020
(US Treasury, 15.Jul.2020) — On 2 March 2020 the Co-Operative Republic of Guyana held national elections, but it has still not declared a winner. All international observers of the vote...
Vote Standoff Prolongs Guyana Uncertainty
Guyana Latin America and Caribbean

Vote Standoff Prolongs Guyana Uncertainty

ENERGY ANALYTICS INSTITUTE (EAI)13/07/202014/07/2020
(Argus, 13.Jul.2020) — Guyana's political stalemate is prolonging uncertainty over the future management of the South American country's fledgling oil sector, and raising the prospect of US sanctions. The declaration...
Exxon Restarts Drilling Off Guyana Amid Political Crisis
Guyana Latin America and Caribbean

Exxon Restarts Drilling Off Guyana Amid Political Crisis

ENERGY ANALYTICS INSTITUTE (EAI)10/07/202031/08/2020
(Bloomberg, 10.Jul.2020) — Exxon Mobil Corp. resumed drilling in Guyana last month, underscoring its dedication to the offshore hot spot despite the oil price crash and a messy turn in...
ExxonMobil Restores Guyana Oil Production
Guyana Latin America and Caribbean

ExxonMobil Restores Guyana Oil Production

ENERGY ANALYTICS INSTITUTE (EAI)18/06/202028/07/2020
(Argus, 18.Jun.2020) — ExxonMobil has restored crude production offshore Guyana to 80,000 b/d after correcting a technical glitch, according to the head of the country's environmental agency EPA Vincent Adams....
Exxon Reduces Guyana Crude Production
Guyana Latin America and Caribbean

Exxon Reduces Guyana Crude Production

ENERGY ANALYTICS INSTITUTE (EAI)16/06/202022/06/2020
(Tudor Pickering, 16.Jun.2020) — Reports out last night that XOM was forced to reduce output at its Liza Phase 1 project in the Stabroek block offshore Guyana due to an...
Winds Shifting In Oil-rich Guyana, Suriname
Guyana Latin America and Caribbean Suriname

Winds Shifting In Oil-rich Guyana, Suriname

ENERGY ANALYTICS INSTITUTE (EAI)08/06/202008/06/2020
(Argus, 8.Jun.2020) — Opposition parties pledging oil policy changes in Guyana and Suriname are close to taking power, but incumbents are signaling reluctance to step down. Guyana's opposition People's Progressive...
Exxon Oil Output Falls On Gas Compressor Problem
Guyana Latin America and Caribbean

Exxon Oil Output Falls On Gas Compressor Problem

ENERGY ANALYTICS INSTITUTE (EAI)07/06/202010/06/2020
(Stabroek News, 7.Jun.2020) — Production at Exxon-Mobil’s Liza-1 project in the Stabroek Block, offshore Guyana, has plummeted from 80,000 barrels per day (bpd) to now between 25,000 and 30,000 bpd...
Guyana With No Plans To Cut Oil Output Amid Price Drop
Guyana Latin America and Caribbean

Guyana With No Plans To Cut Oil Output Amid Price Drop

ENERGY ANALYTICS INSTITUTE (EAI)04/05/202010/05/2020
(Reuters, 4.May.2020) — Guyana has no plans to cut crude output despite a plunge in oil prices, the government’s top energy official said on Monday, adding that shutting down production...
Guyana Needs Protection From Selling Oil At A Loss
Guyana Latin America and Caribbean

Guyana Needs Protection From Selling Oil At A Loss

ENERGY ANALYTICS INSTITUTE (EAI)14/04/202016/04/2020
(Stabroek News, 14.Apr.2020) — Before we approve Payara and Hammer-head, let’s renegotiate the contract to include control of how much oil is being pumped given market conditions. Dear Editor, Many...
ExxonMobil Delays Some Guyana Oil Drilling
Guyana Latin America and Caribbean

ExxonMobil Delays Some Guyana Oil Drilling

ENERGY ANALYTICS INSTITUTE (EAI)07/04/202009/04/2020
(Argus, 7.Apr.2020) — ExxonMobil is deferring some longer-term offshore drilling in Guyana as a result of capital spending cuts, "creating a potential delay in production start-up of six to 12...
Exxon Could Delay Third Guyana Project
Guyana Latin America and Caribbean

Exxon Could Delay Third Guyana Project

ENERGY ANALYTICS INSTITUTE (EAI)07/04/202010/04/2020
(Reuters, 7.Apr.2020) — Exxon Mobil Corp said on Tuesday the start of production at its Payara project in Guyana, its third major development in the world's newest offshore oil hotspot,...
Guyana’s New Oil Economy Under Pressure
Guyana Latin America and Caribbean

Guyana’s New Oil Economy Under Pressure

ENERGY ANALYTICS INSTITUTE (EAI)24/03/202028/03/2020
(Bloomberg, 24.Mar.2020) — When Exxon Mobil Corp. came to Guyana, the US oil giant brought with it the promise of extraordinary economic growth. Now the tiny South American country is...
Exxon, Guyana Head Toward Uncertain Future
Guyana Latin America and Caribbean

Exxon, Guyana Head Toward Uncertain Future

ENERGY ANALYTICS INSTITUTE (EAI)20/03/202029/03/2020
(OilandGas360.com, 20.Mar.2020) — They are the odd couple of the global oil patch: Guyana is a poor former British sugar colony. Exxon Mobil is America’s largest oil company. They came...
Guyana Elects Leader As Vast Oil Boom Dawns
Guyana Latin America and Caribbean

Guyana Elects Leader As Vast Oil Boom Dawns

ENERGY ANALYTICS INSTITUTE (EAI)04/03/202021/04/2020
(AP, 4.Mar.2020) — Guyana voted for a new government on Monday in a bruising fight for control of a tiny South American country whose oil revenues in the next decade...
Guyana Holds Crucial March Election
Guyana Latin America and Caribbean

Guyana Holds Crucial March Election

ENERGY ANALYTICS INSTITUTE (EAI)02/03/202008/03/2020
(Aljazeera, 2.Mar.2020) — Guyana's economy is expected to be transformed by oil and gas discovered off the poor South American country’s shores. Voters in Guyana will head to the polls...
Guyana Aims To Agree To Oil Prices With Exxon
Guyana Latin America and Caribbean

Guyana Aims To Agree To Oil Prices With Exxon

ENERGY ANALYTICS INSTITUTE (EAI)10/02/202019/02/2020
(Reuters, 10.Feb.2020) — Guyana is aiming to complete talks with the Exxon Mobil Corp-led consortium producing oil off its coast over crude pricing, lifting costs, and scheduling before the government...
ExxonMobil Ups Guyana Recoverable Resources
Guyana Latin America and Caribbean

ExxonMobil Ups Guyana Recoverable Resources

ENERGY ANALYTICS INSTITUTE (EAI)27/01/202027/01/2020
(ExxonMobil, 27.Jan.2020) — ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil-equivalent barrels and made a further oil discovery northeast of the producing...
Guyana – The World’s Newest Oil Producer
Guyana Latin America and Caribbean

Guyana – The World’s Newest Oil Producer

ENERGY ANALYTICS INSTITUTE (EAI)24/01/202026/01/2020
(IHSMarkit, 24.Jan2020) — In an environment of oil supply glut, a new player entered the scene. Guyana, a nation bordering Venezuela and Brazil - two countries with large oil reserves...
Guyana Searches For Firm To Trade Its Crude
Guyana Latin America and Caribbean

Guyana Searches For Firm To Trade Its Crude

ENERGY ANALYTICS INSTITUTE (EAI)23/01/202026/01/2020
(Reuters, 23.Jan.2020) — Guyana’s government next month plans to begin a search for an oil company or trading firm to market its share of the South American country’s crude, the...
Oil Tanker Arrives To Export Guyana’s First Oil Lift
Guyana Latin America and Caribbean

Oil Tanker Arrives To Export Guyana’s First Oil Lift

ENERGY ANALYTICS INSTITUTE (EAI)19/01/202021/01/2020
(Jamaica Observer, 19.Jan.2020) — The Marshall Islands registered crude oil tanker, Yannis P , has arrived here as the country will soon lift the first one million barrels of crude...
Oil Boom Begins In Guyana
Guyana Latin America and Caribbean

Oil Boom Begins In Guyana

ENERGY ANALYTICS INSTITUTE (EAI)23/12/201925/12/2019
(Bloomberg, 23.Dec.2019) — Exxon Mobil Corp. and its partners produced the first commercial crude from Guyana, setting the small South American nation on a path to potentially vast flows of...
CNOOC Says Liza Field Offshore Starts Production
Asia Guyana Latin America and Caribbean

CNOOC Says Liza Field Offshore Starts Production

ENERGY ANALYTICS INSTITUTE (EAI)20/12/201902/01/2020
(CNOOC, 20.Dec.2019) — CNOOC Limited announced 20 Dec. that Liza field offshore Guyana has safely commenced production ahead of schedule. Liza Phase 1 development project is located in the Stabroek...
Guyana Seeks Buyers For Govt’s Oil Output Share
Guyana Latin America and Caribbean

Guyana Seeks Buyers For Govt’s Oil Output Share

ENERGY ANALYTICS INSTITUTE (EAI)15/12/201917/12/2019
(Reuters, 15.Dec.2019) — Guyana has invited companies interested in purchasing the first three deliveries of the government’s share of the country’s looming oil production to present bids this week, the...
ExxonMobil Plans 31-Well Program In Guyana
Guyana Latin America and Caribbean

ExxonMobil Plans 31-Well Program In Guyana

ENERGY ANALYTICS INSTITUTE (EAI)06/12/201910/12/2019
(Zacks Equity Research, 6.Dec.2019) — Exxon Mobil Corporation is planning to commence a 31-well exploration campaign offshore Guyana, per Argus. The company has submitted requests to the Environmental Protection Agency...
Oil Brightens Guyana’s Prospects
Guyana Latin America and Caribbean

Oil Brightens Guyana’s Prospects

ENERGY ANALYTICS INSTITUTE (EAI)28/11/201901/12/2019
(CaribNews, Mellany P., 28.Nov.2019) — President David Granger said Wednesday that the emerging petroleum industry provides an “exciting economic and enterprising development” for Guyana and will enhance economic growth by...
Why ExxonMobil’s Guyana Success May Have Hurt Petrobras
Guyana Latin America and Caribbean

Why ExxonMobil’s Guyana Success May Have Hurt Petrobras

ENERGY ANALYTICS INSTITUTE (EAI)20/11/201927/11/2019
(The Motley Fool, John Bromels, 20.Nov.2019) — Oil is a big business with even bigger money attached. That's why governments that control oil assets are eager to auction them off...
Europe Guyana Latin America and Caribbean

Saipem Inks Subsea Contract In Guyana

ENERGY ANALYTICS INSTITUTE (EAI)14/11/201917/11/2019
(Saipem, 14.Nov.2019) — Milan-based Saipem has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) for the proposed Payara development project located in the...
Guyana Latin America and Caribbean Venezuela

Guyana Key Elections To Come Ahead Of First Oil

ENERGY ANALYTICS INSTITUTE (EAI)26/09/201929/09/2019
(Argus, 26.Sep.2019) ) — Guyana will hold parliamentary elections on 2 March 2020, around the time that ExxonMobil plans to launch offshore oil production that promises to transform the economy...
Guyana Latin America and Caribbean North America USA

ExxonMobil Reports Tripeltail Find Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)16/09/201922/09/2019
(Exxon, 16.Sep.2019) — ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated...
Building Guyana’s Destiny
Guyana Latin America and Caribbean

Building Guyana’s Destiny

ENERGY ANALYTICS INSTITUTE (EAI)09/09/201908/01/2020
(Exxon, 9.Sep.2019) — Finding the next big discovery is only a small part of the story when it comes to energy. Delivering that new energy source to those who need...
Asia Guyana Latin America and Caribbean

Liza Destiny FPSO Moves To Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)30/08/201902/09/2019
(Zacks, 30.Aug.2019 ) — Hess Corporation recently announced the arrival of Liza Destiny — an oil production vessel — at the Stabroek Block, offshore Guyana. Notably, this is Guyana’s first...
Guyana Latin America and Caribbean

South America’s Guyana Enters The Oil Age

ENERGY ANALYTICS INSTITUTE (EAI)18/07/201904/08/2019
(Kevin Ramnarine, 18.Jul.2019) — In February 2017, I captioned an article about the Guyana-Suriname basin, The New North Sea, comparing ExxonMobil’s discoveries in Guyana to discoveries in the Norwegian North...
Guyana Latin America and Caribbean

SBM Offshore Awarded Contracts For ExxonMobil FPSO Liza Unity

ENERGY ANALYTICS INSTITUTE (EAI)10/05/201913/05/2019
(SBM, 10.May.2019) — SBM Offshore announced that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase...
Guyana Latin America and Caribbean

ExxonMobil Announces 13th Discovery Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)18/04/201919/04/2019
(ExxonMobil, 18.Apr.2019) — ExxonMobil said it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the...
Asia Guyana Latin America and Caribbean North America USA

US Acknowledges Guyana’s Right To Renegotiate Exxon Deal If It So Chooses

ENERGY ANALYTICS INSTITUTE (EAI)10/04/201911/04/2019
(Stabroek News, 10.Apr.2019) — The United States acknowledges that it is within Guyana’s sovereign right to renegotiate the controversial Production Sharing Agreement (PSA)  between the country and ExxonMobil and its...
Guyana Latin America and Caribbean North America USA Venezuela

Political Shakeup In Oil-Rich Guyana

ENERGY ANALYTICS INSTITUTE (EAI)27/03/201928/03/2019
(RT, 27.Mar.2019) — A political shakeup in oil-rich Guyana, which neighbors OPEC’s Venezuela, in South America. RT America’s Michele Greenstein joins Scottie Nell Hughes to explain how oil discoveries have...
Guyana Latin America and Caribbean North America USA

ExxonMobil: Guyana Project Overview

ENERGY ANALYTICS INSTITUTE (EAI)14/02/201922/04/2019
(Exxon, 14.Feb.2019) — ExxonMobil initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating substantial 3-D seismic data that led to the company safely drilling its first...
Asia Europe Guyana Latin America and Caribbean North America USA

ExxonMobil Announces Two New Discoveries Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)06/02/201906/02/2019
(ExxonMobil, 6.Feb.2019) — The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block. Tilapia-1 is the fourth discovery in...
Guyana Latin America and Caribbean

Is Guyana In Control Of Its ‘Oil Dorado’?

ENERGY ANALYTICS INSTITUTE (EAI)28/01/201929/01/2019
(Stabroek News, Phil Miller, 28.Jan.2019) — Guyana’s High Commission in London threw open its doors on Thursday night to tell investors about the country’s newly discovered oilfields. Tellingly, the event...
Guyana Latin America and Caribbean North America USA Venezuela

Venezuela Disputes Guyana’s Account Of Incident Involving ExxonMobil Ships

ENERGY ANALYTICS INSTITUTE (EAI)11/01/201914/01/2019
(CMC, 11.Jan.2019) — Venezuela has disputed Guyana’s account of what Georgetown said was the dangerous incursion into local waters after a Norwegian ship hired by ExxonMobil was “intercepted” by a...
Guyana Latin America and Caribbean North America USA

ExxonMobil Starts Drilling Haimara-1 Exploration Well Offshore Guyana

ENERGY ANALYTICS INSTITUTE (EAI)07/01/201907/01/2019
(ExxonMobil, 7.Jan.2019) — ExxonMobil has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which...
Europe Guyana Latin America and Caribbean North America USA Venezuela

Venezuela: A Real Threat To Guyana’s Oil Boom

ENERGY ANALYTICS INSTITUTE (EAI)27/12/201827/12/2018
(Oilprice.com, Nick Cunningham, 27.Dec.2018) — Last Friday, the Guyanese government fell after a no-confidence vote, a move that likely was viewed as an opportune moment of weakness in Caracas. A...
Guyana Latin America and Caribbean Venezuela

ExxonMobil Issues Statement On Activities In Guyana

ENERGY ANALYTICS INSTITUTE (EAI)26/12/201827/12/2018
(ExxonMobil, 26.Dec.2018) — ExxonMobil said today that drilling and development operations offshore Guyana are unaffected by an incident involving seismic acquisition vessels on Saturday. Two vessels operated by Petroleum Geo-Services...

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Achieving Paris Goals To Upend Markets

LatAm Briefs: Health Workers Protest In Argentina

EU Commissioner Blasts Brazil Climate Pledge

Pemex’s Lazaro Cardenas Refinery Off-line

Total, Siemens To Reduce LNG Related Emissions

LatAm Briefs: Lasso Wins Run-off, Ecuador Oil Output

APA Names New Senior Exploration VP

Equinor Sees 1H:21 Peregrino Restart

Petrobras Shareholders Pave Way For New CEO

Total, CNOOC Reach Deals On Uganda, Tanzania Projects

At Petrobras, A ‘Spartan’ Military Man Takes The Reins

Cascadura Deep-1 Well Test Confirms Liquids Rich Natural Gas

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The Caracas Metro: Still Standing For Now

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