Page 45 - Stabroek News Today

The Wei-1 well, located approximately 124.3 miles (200 kilometers) offshore from Georgetown, Guyana, has yielded a total of 114 feet (35 meters) of net pay.

Energy giants and bondholders are now betting on Surinames offshore oil.

Consolidation in the U.S. shale sector has always seemed an inevitability to most seasoned industry analysts and observers.

CGX has made an oil discovery on the Corentyne block, approximately 200km offshore from Georgetown, Guyana.

Hess (HES) expects substantial growth in the free cash flow in the coming years, and intends to allocate it toward reducing the debt burden and returning capital to its shareholders.

The Joint Venture believes that the rock quality discovered in the Maastrichtian horizon in the Wei-1 well is analogous to that reported in the Liza Discovery on Stabroek block.

Westmount Energy Limited (AIM:WTE, OTCQB:WMELF) told investors that deepwater exploration ‘hotspots’ offshore Guyana and Namibia are well positioned to...

US oil majors are doubling down on fossil fuels, as Chevron and ExxonMobil deals lift the value of oil and gas M&A to $261bn in 2023.

This is a massive economic impact, one so large that the Nicolas Maduro government in Venezuela recently renewed its longstanding claim to own rights along the western...

Guyana, home to only 800,000 people, has become international hot property – and the reason is oil. When oil giants first arrived in the South American…