18TH OIL DISCOVERY IN STABROEK BLOCK ADDS TO EIGHT BILLION BARREL RESERVE

Guyana has yet again struck oil in its offshore Stabroek Block, bringing the total number of discoveries to 18 and adding to an already estimated 8billion barrels of oil equivalent in its reserves. The details in this report from Wendell Badrie

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EXXON INVESTED MORE THAN GY$4 TRILLION IN STABROEK BLOCK IN 2022

Antonio Dey provides an update on the oil and gas sector, highlighting the significant investments made by Esso Exploration & Production Guyana Limited (EEPGL) and its co-venturers in the Stabroek Block. According to Exxon Mobil's Vice President Philip Rietema, the total investment in the Stabroek Block had surpassed GY$ 4…

6 BILLION BARRELS OF OIL REPORTED IN THE STABROEK BLOCK

HESS Corporation is reporting an estimated 6 Billion barrel of Oil in theStabroek block. This came as the company released results for the second quarter of 2019 earlier on Wednesday.       

EXONMOBIL BOATST OF PRODUCING500M BARRELS OF OIL FROM THE STABROEK BLOCK

ExxonMobil Guyana and its co-venturers in the Stabroek block have announced a significant milestone in their offshore operations in Guyana. This development marks a crucial step in the ongoing exploration and extraction activities, which are expected to impact the country's oil sector substantially.