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Stena Drill Ship
  • Aug 09 2020
Stena Carron set to arrive at Tanager-1 today as search for more oil in Guyana continues

The hunt for more hydrocarbons continues offshore Guyana, this time outside of the prolific Stabroek Block, as ExxonMobil prepares to conduct a new drill campaign in the 3.3 million acres ultra-

Dr. Mohamed Irfaan Ali - President of Guyana
  • Aug 09 2020
‘Every cent of oil money must be accounted for’ – Guyana President reaffirms at inauguration

(OilNow) President of Guyana Dr Mohamed Irfaan Ali says his government will ensure transparency and accountability in the oil and gas sector, citing the phenomenal growth projections of the Inte

The hull for the Liza Unity FPSO, Guyana's second oil production complex.
  • Aug 07 2020
Guyana set to benefit from US$50 billion in project sanctioning spread across 10 FPSOs – Rystad Energy

US oil major ExxonMobil is projected to expend around US$50 billion in project sanctioning over the next 10 years for its offshore development activities in Guyana, according to Norway-based ene

Norwegian flag-carrier SKS SPEY
  • Aug 05 2020
Oil tanker SKS SPEY will lift Guyana’s 3rd million-barrel oil cargo this weekend

(OilNow) Norwegian flag-carrier SKS SPEY will lift the third million-barrel oil cargo for Guyana this weekend.

drill ship,royalty
  • Jul 31 2020
Guyana rakes in US$3.6M in royalty

…in second payment for oil and gas

GUYANA has received its second payment of oil and gas royalties from gross production at a total of US$3,698,152.63.

stabroek block
  • Jul 31 2020
Stabroek block’s fiscal terms in line with other frontiers – Wood Mackenzie

Oil and gas industry analyst Wood Mackenzie in its recent report stated that compared to other countries with similar circumstances, Guyana’s Stabroek Block fiscal terms ranks well.

Guyna Location
  • Jul 31 2020
Guyana’s first EITI validation set to commence in October

(OilNow) Even as Guyana prepares for the compilation and publication of its second Extractive Industries Transparency Initiative (EITI) Report for fiscal year 2018, the country is rapidly g

Stena Drill Ship
  • Jul 30 2020
Yellowtail reservoirs point to world class quality of Guyana basin – Exxon, Dept. of Energy

(OilNow) The identification of two additional high-quality reservoirs at the Yellowtail-2 well offshore Guyana has further confirmed the world class quality of the basin and the major potential