South America / GoM
Country summary: Guyana
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Guyana - recent news
|27 Apr 21
||Guyana: ExxonMobil announces discovery at Uaru-2 offshore Guyana
ExxonMobil has 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 estimated to be approx. 9 billion oil-equivalent barrels.
|23 Apr 21
||Guyana: Maersk Drilling awarded one-well exploration contract for Maersk Discoverer offshore Guyana
Maersk Drilling has been awarded a one-well contract by CGX Resources, operator and joint venture partner with Frontera Energy Guyana Corp, for the semi-submersible rig Maersk Discoverer to perform exploration drilling in the Corentyne Block offshore Guyana.
|19 Apr 21
||Guyana: Frontera and CGX announce $19 million loan agreement
Frontera Energy and CGX Energy, JV partners in Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana, have entered into a term sheet for a $19 million loan that will enable CGX to continue to finance its share of costs related to the Corentyne, Demerara and Berbice blocks, offshore Guyana, where the Kawa-1 well remains on track to spud in 2H21.
|16 Mar 21
||Guyana: API signs MOU to advance oil and natural gas industry standards in Guyana
The American Petroleum Institute (API) has signed a Memorandum of Understanding (MOU) with the Centre for Local Business Development, Guyana’s premier organization for oil and natural gas information, training and policy advocacy.
|15 Mar 21
||Guyana: Eco (Atlantic) announces renewal of Orinduik Petroleum Agreement offshore Guyana
Eco (Atlantic) Oil & Gas has announced that the joint venture partners in respect of the Orinduik Block offshore Guyana have successfully entered into the First Renewal Period of the Orinduik Petroleum Prospecting License.
Guyana - more news