Payara oil field : ExxonMobil launches production to boost Guyana’s oil output to 620,000bpd
ExxonMobil has initiated production at the Payara oil field, Guyana's third offshore oil development on the Stabroek Block. This major move elevates the total production ... Read More
Chevron to acquire Hess Corporation in all-stock deal worth $53bn
Chevron Corporation has inked a definitive agreement with Hess Corporation for an all-stock purchase valued at $53 billion, which translates to $171 per share. This ... Read More
Uaru oil project : ExxonMobil takes FID on fifth project on Stabroek Block
ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with ... Read More
CNOOC announces start of production at Liza Phase II project in Guyana
CNOOC said that the Liza Phase II project, the phase 2 development of the Liza oil field in the Stabroek Block in Guyanese waters has ... Read More
Hess, ExxonMobil announce Pinktail oil discovery in Guyanese waters
Hess Corporation and ExxonMobil have announced the Pinktail oil discovery on the Stabroek Block in Guyanese waters following the drilling of the Pinktail exploratory well. ... Read More
Payara oil project : ExxonMobil, Hess move ahead with $9bn project in Guyanese waters
ExxonMobil and Hess have sanctioned the $9 billion Payara oil project in the Stabroek Block in Guyanese waters having secured government approval. The final investment ... Read More
ExxonMobil and partners report Redtail oil discovery in Stabroek Block
Redtail oil discovery : ExxonMobil and its partners have pulled off their 18th discovery in the Stabroek Block in Guyanese water following the drilling of ... Read More
Hess pulls off Esox oil discovery in Gulf of Mexico
Esox oil discovery : Hess Corporation has pulled off an oil discovery in the deepwater Gulf of Mexico following the drilling of the Esox-1 exploration ... Read More
ExxonMobil pulls off Pacora oil discovery offshore Guyana in Stabroek Block
Pacora oil discovery : ExxonMobil has pulled off another oil discovery in the Stabroek Block, offshore Guyana after drilling the Pacora-1 exploration well. Partnered by ... Read More
CNOOC and partners begin production from Stampede oil and gas project
Oil and gas news : China National Offshore Oil Corporation (CNOOC) and its partners have achieved production from the $6 billion worth Stampede oil and ... Read More