
Oil & Gas Report
News, insight, analysis and ideas about Guyana’s energy industry from the best experts in the industry.
ExxonMobil’s May 2015 discovery with the Liza wells in its Stabroek block may well signal a new era for the country’s energy sector and economy. It presents a transformative opportunity to put in place the structures and capacity needed to oversee the sector’s long-term development, effectively manage revenue streams, and ensure proper stewardship of what are finite hydrocarbon resources for future generations of citizens in Guyana. Exxon plans additional exploration in its block in 2017, citing favorable geology and promising production sharing agreement (PSA) terms.

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Featured Oil & Gas Articles
International association calls for cooperation for UK’s energy transition program
The North Sea Chapter of the International Association of Drilling Contractors (IADC) is calling on the […]
The post International association calls for cooperation for UK’s energy transition program appeared first on Offshore Ene…
What’s new for the controversial Bay du Nord oil project?
The court hearing for the controversial Bay du Nord offshore oil project was expected to kick off last week, however, this was not the case. What does this mean for the project? Is the hearing cancelled or just postponed until a later date?
The post Wh…
What’s new for the controversial Bay du Nord oil project?
The court hearing for the controversial Bay du Nord offshore oil project was expected to kick off last week, however, this was not the case. What does this mean for the project? Is the hearing cancelled or just postponed until a later date?
The post Wh…
Norwegian energy giant hires DOF for subsea decommissioning work
DOF Subsea has secured an engineering, preparatory works, removal, transportation, recycling and disposal (EPRD) […]
The post Norwegian energy giant hires DOF for subsea decommissioning work appeared first on Offshore Energy.
Woodside and partners to work on Sunrise fields studies, LNG included
The Sunrise Joint Venture (SJV), comprising operator Woodside Energy (33.44%), TIMOR GAP (56.56%), and […]
The post Woodside and partners to work on Sunrise fields studies, LNG included appeared first on Offshore Energy.
Aker BP all set to spud North Sea wildcat with Saipem rig
Aker BP has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off Norway.
The post Aker BP all set to spud North Sea wildcat with Saipem rig appeared first on Offshore Energy.
U.S. offshore rig count goes down a notch
Baker Hughes’ rig count report: The number of offshore rigs in the U.S. dropped for the third week in a row, slipping to 12 units last week.
The post U.S. offshore rig count goes down a notch appeared first on Offshore Energy.
Denmark grants its first permits for full-scale CO2 storage
The Danish Ministry of Climate, Energy and Supply has granted the country’s first-ever permits […]
The post Denmark grants its first permits for full-scale CO2 storage appeared first on Offshore Energy.
Fresh UK gig for Stena Drilling rig
Offshore drilling contractor Stena Drilling has secured a new contract for a semi-submersible rig with Ithaca Energy for operations off the UK.
The post Fresh UK gig for Stena Drilling rig appeared first on Offshore Energy.