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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]
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.
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 ...
U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday. Exxon ...
The Stabroek News is a privately owned newspaper published in Guyana. It takes its name from Stabroek / ˈ s t æ b r uː k /, the former name of Georgetown, Guyana. It was first published in November 1986, first as a weekly but it later changed to a daily print newspaper. [1] The entry of the paper into the mass media in Guyana brought a new ...
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]
Guyana Press: Georgetown: guyanapress.com: Guyana Times [5] Georgetown: 6 June 2008 News site. guyanatimesgy.com: Kaieteur News [6] Georgetown: Private daily. kaieteurnewsonline.com: The Official Gazette of Guyana [7] Georgetown: Official country Gazette [8] officialgazette.gov.gy: Stabroek News: Georgetown: 1986 [9] Private daily. (Absorbed ...