Guyana produces about 120,000 barrels per day of crude from an offshore project controlled by a consortium that includes Exxon Mobil, Hess Corp, and China’s CNOOC Ltd. Categories: Energy & Oil ...

“Time is not on our side,” he said last week in Washington, just after a successful auction of eight more offshore blocks for oil and gas exploration off Guyana’s Atlantic coast. They have ...

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 ...

In the last decade, more than 11 billion barrels of conventional oil and gas have been discovered. The recent discoveries off the coast of Guyana have ... 2—You can view a map of the territorial ...

Guyana’s oil production is on track for one million barrels per day by 2027. Further, gas resources will be utilised as planned, by the Gas-to-Energy (GtE) project in Wales with government ...

After several discoveries of oil ... gas corporation, and its partners made their first major oil find at the Liza-1 oil well, located in the Stabroek Block 193km (120 miles) off the coast of Guyana.

The globally regarded independent energy research and business intelligence entity, Rystad Energy, continues to classify Guyana as one of South America’s “front row” crude oil producers ...