Tullow slumps after Guyana oil find is smaller than expected
Tullow Oil Plc discovered light oil at its Carapa-1 well in Guyana, but the reservoir was smaller than the troubled company had expected prior to drilling. Shares fell as much as 20%.
Guyana
VIDEO: Exxon celebrates Guyana’s first ever oil production
US energy giant ExxonMobil has released a video celebrating first oil from the Liza field off Guyana.
ExxonMobil discovers more oil off Guyana
ExxonMobil has announced a new discovery off Guyana, adding to previous estimates of 6billion barrels of recoverable oil equivalent.
History made as Guyana’s oil boom begins at Liza field
Exxon Mobil Corp. and its partners lifted the first commercial crude from Guyana, setting the small South American nation on a path to potentially vast flows of oil revenues.
Guyana must roll out sovereign wealth fund as soon as possible
When analysing Guyana’s production sharing agreements (PSAs), it is important not to be misled by statements comparing Guyana’s 2% royalty with higher royalties in other countries (set on average at about 10%-15%).
Saipem bags clutch of deals worth £685million
Italian oilfield services firm Saipem has won a subsea contract in Guyana, as well as additional work in regions including the North Sea, worth £684.6million.
Exxon Mobil, Hess move up first Guyana production to December
Exxon Mobil and Hess Corp. said they are moving up the start date for first oil production in Guyana to December instead of the previous timeline slated for early 2020.
SBM completes financing of FPSO for Exxon’s Liza field
SBM Offshore has completed financing of $1.14billion (£886m) to pay for the vessel which will serve ExxonMobil’s giant Liza field off Guyana.
Total sets out cautious stance
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
Tullow makes back-to-back discoveries in Guyana
Tullow Oil said today that its Joe-1 exploration well had opened a new "upper tertiary" oil play in the Guyana basin.
Guyana will make mistakes, but none on same scale as Brexit
Guyana will make mistakes on the road to becoming an oil and gas producing nation – but none will be of the same magnitude as Brexit.
Guyana discovery drives up Tullow shares
Shares in Tullow Oil soared almost 20% yesterday after the exploration and production firm announced an oil discovery offshore Guyana.
Qatar strikes deal with Total for offshore Guyana blocks
Qatar Petroleum has agreed a deal with Total to buy stakes in two blocks offshore Guyana.
Guyana’s plans to raise oil royalties could ‘diminish attractiveness’
Guyana’s plans to raise oil and gas royalties may “diminish attractiveness” to future investors, according to new analysis.
Deepwater and tight oil are more similar than you think, Woodmac says
Deepwater and tight oil are two of the upstream sector’s great growth themes, but are often considered to be at opposite ends of the development spectrum.
Guyana election heightens political risk for offshore operators
Guyana is due to hold a general election later this year that could have a significant bearing on the country’s emergence as a new oil frontier.
Guyana investigating offshore oil leases controlled by Exxon, Tullow
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil Corp. and Tullow Oil Plc.
Exploration, oil price and maintenance dent earnings for ExxonMobil
Exploration costs, lower oil and gas prices and heavy maintenance dented ExxonMobil’s earnings for the start of the year.
ExxonMobil, Hess announce 13th Guyana discovery
ExxonMobil said Thursday it made its 13th oil discovery offshore of Guyana, increasing its rapidly rising tally of finds near the tiny South American nation.
Aberdeen Lord Provost rounds off trip to Guyana
Aberdeen's Lord Provost, Barney Crockett, flew out of Guyana on Friday after a fruitful trip to this soon-to-be oil rich South American nation.
Oil Dorado: Guyana set for its own Klondike ‘black gold’ rush?
It is in South America yet they speak English. Culturally and in cricket terms they are West Indian. Guyana was the setting for Sir Walter Raleigh's mystical city of gold: El Dorado.
Lord Provost twins Aberdeen with Georgetown, Guyana
Two nations that were once intertwined were joined together in Georgetown today.
Stena Forth booked for Guyana exploration well
Aberdeen-headquartered Stena Drilling has been booked for an exploration well on the Orinduik block offshore Guyana.
Aberdeen to twin with Guyana capital city
Aberdeen will be officially twinned next month with a country that has one of world's fastest-growing oil and gas industries.
Guyana could soon eclipse Venezuela’s oil production
Guyana, a country that currently produces no crude, could pump more than OPEC member Venezuela in five years.