ExxonMobil to start drilling at third well in Canje Block
The Sapote-1 well, which will be drilled using Stena DrillMAX drillship, aims to assess several Upper Cretaceous targets.
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ExxonMobil make fresh oil discovery offshore Guyana
The Whiptail-1 well has encountered net pay of 246ft in high-quality oil-bearing sandstone reservoirs.
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ExxonMobil selects TechnipFMC and Halliburton for Payara project
The Payara field, due to commence production in 2024, will have a production capacity of 220,000 barrels per day.
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SBM Offshore secures $1.05bn financing for FPSO Prosperity
The funding has been secured from a consortium of 11 banks and will be drawn in phases over the FPSO…
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ExxonMobil makes oil discovery at Longtail-3 well offshore Guyana
The well encountered 230ft of net pay, including newly identified hydrocarbon bearing reservoirs.
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ExxonMobil resumes drilling at Jabillo-1 well in Canje Block
The Jabillo-1 well in the Canje Block is estimated to hold one billion barrels per day of oil prospect.
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Hess increases stake in Kaieteur Block, offshore Guyana
Hess Corporation has increased its stake in Kaieteur Block, offshore Guyana, to 20%.
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Which countries are driving South America’s offshore oil boom?
We map the major players and up-and-comers in South American oil and look at where the industry is heading post-pandemic.
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