Higher oil prices alone can’t save OSV players

There is a long ride ahead for the offshore support vessel owners

CGX, Frontera execute Guyana farm-in deal

CGX Energy and Frontera Energy have executed a farm-in joint venture agreement covering CGX's two shallow water ...

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Rystad: Guyana makes Exxon leader of 2018 exploration pack

U.S. oil major ExxonMobil was the leader of the pack among the top oil and gas explorers of 2018, boosted by its ...

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Guyana: Saipem offloads pipes for Liza Phase 1

Italian oilfield services company Saipem has offloaded the second shipment of pipes to be installed as part of ...

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Guyana: CGX, Frontera amend financing and farm-in deals

CGX and Frontera have amended a letter agreement to extend the time of launch of the equity financing in the amount ...

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Noble lands more Guyana work with ExxonMobil

Offshore driller Noble Corporation has won a contract for its drillship Noble Tom Madden with ExxonMobil in Guyana. 

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ExxonMobil drops one PGS vessel from Guyana survey

ExxonMobil has made changes to a 3D survey contract in South America with PGS, excluding one of the two vessels ...

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ExxonMobil spuds exploration well offshore Guyana

Oil major ExxonMobil has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned ...

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Venezuela cuts off Exxon vessels over Guyana border dispute

Ramform Tethys

Venezuela's navy over the weekend intercepted two vessels operating in Guyanese waters for ExxonMobil, claiming ...

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CGX Energy hires Rowan rig for Guyana well

Guyana map

CGX Energy has decided to use one of Rowan-owned jack-up drilling rigs for drilling operations offshore Guyana. 

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Hess to boost capital budget after two years of stagnation

Hess Corporation will allocate 75% of its 2019 E&P capital and exploratory budget of $2.9 billion to high return ...

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Orinduik partners to spud first well in 2019

Partners in the Orinduik block offshore Guyana have revealed drilling plans for 2019.

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CGX gains support from Frontera for drilling costs in Guyana

CGX Energy and Frontera Energy have entered into a letter agreement to enable CGX to finance the drilling costs ...

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ExxonMobil in its 10th discovery offshore Guyana

ExxonMobil has made its tenth discovery offshore Guyana and increased its estimate of the discovered recoverable ...

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Guyana: Total completes Orinduik farm-in

French oil major Total has completed the acquisition of 25 percent working interest in the Orinduik block offshore ...

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Total farms into Orinduik block offshore Guyana

French oil company Total's proposed farm-in into an offshore oil block in Guyana has received approval from the ...

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Exxon orders subsea system for Liza Phase 2 from TechnipFMC

TechnipFMC

TechnipFMC has been awarded a contract by an affiliate of ExxonMobil for the engineering of the subsea system for ...

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Suriname: Staatsolie CEO not worried about dry holes

CEO of Suriname’s national oil company Staatolie is preparing the company for what many believe is going to be a ...

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Total enters Orinduik block off Guyana

French oil major Total has exercised its option to acquire 25 percent working interest in the Orinduik block ...

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Potential for three billion boe in Orinduik block

A competent persons report on Tullow's Orinduik block off Guyana has identified 2,9 bboe of P50 (best estimate) reserves.

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Westwood: Exxon's new discovery opens new oil province

Energy intelligence group Westwood takes a closer look at Guyana following ExxonMobil’s ninth offshore discovery in ...

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Tullow eyes first Orinduik well location

ExxonMobil's latest oil discovery offshore Guyana has de-risked the Tullow-operated Orinduik block, making Tullow ...

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