Baker Hughes bagged a 'significant' award to supply production chemicals for the fifth and sixth hydrocarbon production ...

Its most prized asset: the Stabroek offshore oil block, near the coasts of Guyana. The area has become ... 2—You can view a map of the territorial waters claims over the Stabroek block here.

and catapulted the impoverished South America country firmly onto the global oil map. OilPrice points out that the offshore Guyana-Suriname Basin is being called the world’s most exciting oil ...

with at least a quarter of projects taking even longer to achieve first oil. Deepwater offshore fields, depths of over 1,200 meters, like those developed in Guyana and Suriname, are among the most ...

Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...

The country is endowed with fertile agricultural lands, valuable mineral resources - including bauxite and gold - extensive tropical forests that cover 80 percent of the country, and recently ...

Exxon Mobil Corporation XOM is reinforcing its dominance in the Guyana offshore oil sector, with an objective to reach 2.3 million barrels per day (bpd) of production by 2030. The U.S. energy major ...