Hess Corporation – a global independent energy company engaged in the exploration and production of crude oil and natural gas – has announced that it has entered into an agreement to sell its 28% working […]
US oil producers have been expected for some time to have to shut down oil production as a result of the Covid-19 pandemic, but they were initially slow to move. Now that profitability and storage […]
Recent discoveries in the Guyana-Suriname basin have proven a wider petroleum system and may cause an upgrade in resource estimates, drawing extra attention to upcoming wells. Meanwhile global oil firms are preparing to spend more […]
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries […]
ExxonMobil reports it made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable […]
ExxonMobil and Hess Corporation have announced that oil production has started from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead […]
Driven by its significant investment in Guyana, ExxonMobil is leader of the pack among the top oil and gas explorers of 2018, according to Rystad Energy’s annual exploration review. “ExxonMobil was exceptional, both in terms […]
ExxonMobil reports that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is located 19 miles (31 kilometres) […]
Cubility AS, provider of solids control solutions that improve efficiencies, solids control and HSE around drilling operations, has launched the latest evolution of its industry leading solids control solution, the MudCube® X. Building on the […]
Wood has further extended the SURF IM Network, which aims to share experience and lessons learned from subsea integrity and reliability issues and is supported by 10 major global operators: BP, Chevron, ExxonMobil, Hess, Husky, […]
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