Latest News for: Offshore georgetown

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There is concern over the possibility of a military conflict between Venezuela and Guyana over Essequibo

The Cleveland American 02 Dec 2023
The recent discovery of vast offshore oil fields in the region has raised the stakes in the dispute ... A ship creates an artificial island by extracting sea sand to create a coastal port for offshore oil production at the mouth of the Demerara River in Georgetown, Guyana on April 11, 2023.
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CGX and Frontera make discoveries offshore Guyana

Oilfield Technology 13 Nov 2023
The companies have announced the discovery of a total of 114 ft (35 m) of net pay at the Wei-1 well on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana ... .
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Guyana joint venture confirms viability of pair of oil discoveries

Upstream Online 10 Nov 2023
The Corentyne block is 200 kilometres offshore Georgetown, Guyana, and is owned by CGX and Frontera Energy.
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CGX and Frontera Discover 114 Feet (35 Meters) of Net Pay at Wei-1 Well, Offshore Guyana

Tyler Morning Telegraph 10 Nov 2023
... of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, are pleased to announce today the discovery of a total of 114 feet (35 meters) of net pay at the Wei-1 well on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.
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FRONTERA ANNOUNCES THIRD QUARTER 2023 RESULTS

Tyler Morning Telegraph 10 Nov 2023
As announced on November 9, 2023, Frontera and its Joint Venture (the "Joint Venture") partner, CGX, discovered of a total of 114 feet (35 meters) of net pay at the Wei-1 well and a total net pay of 342 feet (104 meters) discovered to date on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.
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Exxon expects to FID Guyana's sixth oil project by Q1 2024

Reuters 17 Oct 2023
GEORGETOWN, Oct 17 (Reuters) - Exxon Mobil Corp ... In August, Exxon and partners proposed a plan to spend $12.93 billion to develop the Whiptail offshore oil project ... to 10 offshore projects in the country. Reporting by Kiana Wilburg in Georgetown; Writing by Sabrina Valle in Houston.
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US planning military base in disputed territory Venezuela

Beijing News 24 Sep 2023
In a speech to the UN General Assembly on Saturday, Yvan Gil said the US considers itself "the sovereign" of Latin America, and is now intervening in the more than 200-year-old territorial dispute between Caracas and Georgetown ... Guayana Esequiba is rich in oil and gas, especially in offshore areas.
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US planning military base in disputed territory – Venezuela

Russia Today 24 Sep 2023
In a speech to the UN General Assembly on Saturday, Yvan Gil said the US considers itself “the sovereign” of Latin America, and is now intervening in the more than 200-year-old territorial dispute between Caracas and Georgetown ... Guayana Esequiba is rich in oil and gas, especially in offshore areas.
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Venezuela: US seeking to create military base in disputed region of Essequibo

Press TV 24 Sep 2023
Guyana and Venezuela have been engaged in a long-standing dispute over Essequibo, an area of 160,000 square kilometers that is administered by Georgetown but claimed by Caracas. The region is rich in oil and gas, especially in offshore areas ... in oil and gas, especially offshore.
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Guyana Oil

Citrus County Chronicle 13 Sep 2023
... River in Georgetown, Guyana, April 12, 2023.
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Oil-rich Guyana opens bids for new offshore blocks as it seeks to boost production

Beaumont Enterprise 13 Sep 2023
GEORGETOWN, Guyana (AP) — Guyana has opened bids for 14 offshore oil blocks available for exploration and development as the South American country seeks to ramp up oil production ... the world’s biggest offshore oil producers ... and China National Offshore Oil Corp., to submit a bid.
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Guyana receives bids for eight oil and gas blocks, including from Exxon and Total

Reuters 13 Sep 2023
GEORGETOWN, Sept 13 (Reuters) - Guyana has received offers for eight of 14 offshore oil and gas exploration blocks in a bidding round, including from groups formed by Exxon Mobil (XOM.N) and TotalEnergies (TTEF.PA), the government and documents seen by Reuters showed on Wednesday.
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24 complete 1st phase of SBM Offshore Guyana’s Trainee Technician Programme

The Daily Herald 23 Aug 2023
GEORGETOWN, Guyana--Twenty-four Guyanese completed phase one of SBM Offshore Guyana’s Trainee Technician Programme in Advanced Skills Training in Petroleum Operations ... SBM Offshore Guyana’s Human Resource Manager, Onecia Johnson applauded the team for a job well done.
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Frontera Announces Second Quarter 2023 Results

The Galveston Daily News 11 Aug 2023
... Campanian and Maastrichtian at the Wei-1 Well, Offshore Guyana ... During the quarter, Frontera and its Joint Venture partner CGX, announced a significant oil discovery at the Wei-1 well, located on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.
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Dominican Republic signs preliminary pact to explore building refinery in Guyana

Reuters 09 Aug 2023
For both refineries, crude is expected to come from Guyana's share of oil produced by a consortium led by Exxon Mobil (XOM.N) that has discovered more than 11 billion barrels of recoverable oil at the Stabroek offshore block.Reporting by Kiana Wilburg in Georgetown, Guyana Editing by Matthew Lewis and Grant McCool.
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