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Operating and proposed projects in the Stabroek block. Esso, a subsidiary of ExxonMobil, began exploring the off-shore region in 2008. [10] In May 2015 ExxonMobil announced discovery of more than 90 metres of high-quality, oil-bearing sandstone reservoirs about 200 km off the coastline, [11] considered to be one of the largest crude oil discoveries of the past decade. [12]
Guyana: City: Georgetown: Established: 1782: Area • Total. 0.6 km 2 (0.25 sq mi) Stabroek was the old name of Georgetown, Guyana, between 1784 and 1812, ...
It will add the Stabroek block in Guyana, which Chevron noted is an "extraordinary asset with industry-leading cash margins and low carbon intensity that is expected to deliver production growth ...
In May the government of Guyana announced that ExxonMobil had indeed found promising results in their first round of drilling on the so-called Stabroek Block, an area offshore the Essequibo territory with a size of 26,800 km 2 (10,300 sq mi). The company announced that further drillings would take place in the coming months to better evaluate ...
West of Stabroek Market is the Port of Georgetown, the largest and busiest shipping point in Guyana. Stabroek Market itself contains the Ministry of Labour as well as the Ministry of Human Services and Social Security. It is also the host facility for the equally famous Stabroek markets.
Stabroek Market is widely known as the biggest market location in Guyana, where many sellers go to make a living. The market has attracted a great variety of business owners, whose wares range from jewelry to clothes to produce. Stabroek Market is filled with customers every day and is known for its clock located at the top of the building.
GEORGETOWN, Guyana (AP) — Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production.
The agreement came as U.S. oil major Exxon Mobil Corp, as part of a consortium with Hess Corp, ramped up crude output from Guyana's massive offshore Stabroek block, a large portion of which is in waters claimed by Venezuela. [3]