Guyana Latest oil and gas news Upstream Online
The leading global oil, gas and energy news resource. Covering the latest oil and gas news including shale, lng, drilling, exploration and production.
World Oil provides daily news, trends and data for the global upstream industry, including in-depth coverage of deepwater, subsea, shale, exploration, drilling, well completion, unconventionals
Guyana upstream summary Report Wood Mackenzie
Guyana's upstream fortunes changed with the Liza oil discovery. Liza proved to be the first in a series of 18 discoveries made over 2015-2024 on the block. Additional appraisal wells were successful, confirming a giant discovery. The Stabroek block has the size of 1,150 US deepwater GOM blocks, and there is still plenty of exploration potential.
OilNow is the premier website delivering accurate, relevant and reliable information on the Oil and Gas sector in Guyana. This Resource Center was founded and is owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to
World Bank accused over ExxonMobil plans to tap Guyana oil
Mar 08, 2024· The World Bank is to pay for Guyana’s oil laws to be rewritten by a legal firm that has regularly worked for ExxonMobil, just as the US producer prepares to extract as much as 8bn barrels of oil
Mar 06, 2024· Guyana is in a unique position as the world’s newest major oil producer. Other oil- and gas-dependent producers are contemplating the threat posed by the energy transition to their economy.
Upstream Online Latest oil and gas news
The leading global oil, gas and energy news resource. Covering the latest oil and gas news including shale, lng, drilling, exploration and production.
A new report suggests that the world’s newest oil exporter, Guyana, lost $55 billion from its deal with Exxon that would allow the oil major to develop its offshore oil resources,
Charting the rise of Guyana to the top table of world oil
Analysts at Rystad Energy predict Guyana’s oil output could reach 1.2 million bpd by 2030 enough to rival neighbour, and Opec founding member, Venezuela generating national revenues of $30bn in the process. To put that in perspective, World Bank figures show Guyana’s total annual GDP to be around $3.9bn as of 2024.
GEORGETOWN, Guyana—To mark the flow of the world’s biggest oil discovery in years, President David Granger declared a new holiday, National Petroleum Day, on Dec. 20.
