Tag: Guyana

ExxonMobil announces fifth discovery offshore guyana

ExxonMobil announces fifth discovery offshore guyana

Expectation of 350,000-400,000 b/d of oil production by 2026 Exxon Mobil Corporation announced it made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana, according to a press release. Turbot is ExxonMobil’s latest discovery to date in the country, adding to previous discoveries at Liza, Payara, Snoek and Liza Deep. Following completion of the […]

By November 3, 2017 0 Comments Read More →
Canadian oil company Eco Atlantic to list in London on Wednesday

Canadian oil company Eco Atlantic to list in London on Wednesday

Eco Atlantic drilling off coast of Guyana LONDON, Feb 7 (Reuters) – Eco Atlantic Oil & Gas, a Canadian oil explorer, will list on London’s junior AIM market on Wednesday, raising 4.8 million pounds ($6 million) to help finance a drilling campaign offshore Guyana with partner Tullow Oil. Eco Atlantic, which expects to have a […]

By February 7, 2017 0 Comments Read More →
Guyana oil discovery significant: Exxon

Guyana oil discovery significant: Exxon

Guyana oil discovered in waters also claimed by Venezuela Exxon Mobil Corp. confirmed Wednesday that it has made what it calls a “significant” oil discovery off Guyana in waters also claimed by Venezuela as part of a long-running border dispute between the South American countries. The company and Guyana’s government had said May 7 that […]