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Country summary: Guyana

energy-pedia opportunities - Guyana:
Current deals: 0
Licensing articles: 9
Completed deals: 14

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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.

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