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(WO) — CNOOC Ltd. has announced the safe commencement of production at the Payara Project in the Stabroek Block offshore Guyana. The project, equipped with one FPSO and 41 subsea wellheads, represents a significant milestone for the partnership and production growth of the Stabroek Block.
ExxonMobil Corp has applied to Guyana’s Environmental Protection Agency (EPA) for a 35-well drilling campaign in Stabroek block, about 200km offshore Guyana.
China National Offshore Oil Corp, the country's top offshore oil and gas driller, announced on Monday that its oilfield joint venture in Guyana in South America has commenced production safely and ahead of schedule on Monday.
ExxonMobil has reported it made two additional oil discoveries off the coast of Guyana as the South American country prepares to become the world’s newest major oil producer.
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Exxon Mobil raised by 1 billion oil-equivalent barrels the resource estimate from its Stabroek Block offshore Guyana, which includes a new discovery, as it develops one of the world's most important oil and gas blocks in the last decade.