South America / GoM
Country summary: Guyana
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Guyana - recent news
|10 Jun 19
||Guyana: Eco (Atlantic) announces mobilisation of Stena Forth drillship to Orinduik Block, Guyana
Eco (Atlantic) Oil & Gas has announced the mobilisation of the Stena Forth drillship which is now en route to Guyana from West Africa where it has been operating for Tullow. The drillship is expected to reach Eco's Orinduik Block on or around 24 June 2019 and spud the Jethro Lobe prospect offshore Guyana on or around 26 June 2019.
|10 May 19
||Guyana: SBM Offshore awarded contracts for ExxonMobil FPSO Liza Unity
SBM Offshore has announced that Exxon Mobil has confirmed the award of contracts for the next phase of the Liza project in Guyana. Under these contracts, SBM Offshore will construct, install and thereafter lease and operate for up to two years the Liza Unity FPSO.
|05 May 19
||Guyana: CGX Energy and Frontera receive government approval for the Corentyne and Demerara blocks farm-in agreement
CGX Energy and Frontera Energy have announced that the Government of Guyana has approved the farm-in joint venture agreement covering two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.
|05 May 19
||Guyana: ExxonMobil to proceed with Liza Phase 2 development offshore Guyana
ExxonMobil has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals. Liza Phase 2 will produce up to 220,000 barrels of oil per day and further capitalize on the significant development potential of the Stabroek Block.
|18 Apr 19
||Guyana: ExxonMobil announces 13th discovery offshore Guyana
ExxonMobil has made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approx. 5.5 billion oil-equivalent barrels on the Stabroek Block.
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