Exxon only roughly a week ago announced two additional oil discoveries in the world class 6.6-million-acre Stabroek Block offshore Guyana which now sees over 30 discoveries in that block alone.
Hess grew its net oil production in Guyana by 52 percent year-on-year to 195,000 bpd in the fourth quarter of 2024.
Stabroek Block Production Sharing Agreement (PSA) with the Guyana government has been the recent subject of intense public discourse.
Singh spoke of the need to conduct seismic surveys offshore ... to ensure all oil blocks are competitively tendered and aligned with global best practices, Guyana held its first licensing round ...
Suriname’s GDP will expand at a brisk 55% annual clip in 2028 when offshore block 58 comes online, the IMF has predicted ...
Hess Corp. “continues to make the most of its independent status,” delivering earnings driven by higher crude production and lower operating costs, an analyst said.
Trinidad and Tobago on Tuesday offered 26 offshore oil and gas blocks in its largest-ever auction of areas for deepwater ...
GEORGETOWN (Reuters) -Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and ... a key upgrade at its offshore facilities.
Official notices state that Trinidad and Tobago offered 26 offshore oil and natural gas blocks on Tuesday in its largest ever ...