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Daily Archives: September 16, 2019

US hails Guyana’s support in Venezuela’s crisis

The United States (US) Department of State on Monday thanked Guyana for its support in the 14-member Lima Group that is seeking to find a peaceful end to the political and humanitarian crisis in neighbouring Venezuela. Addressing a conference on “Enhancing Offshore Exploration and Production Regional Capacity: Operational and Environmental Safeguards” at the Marriott Hotel, Guyana Desk Officer at the ...

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Need for unannounced visits to oil operations – EPA Chief

The Executive Director of Guyana’s Environmental Protection Agency (EPA), Dr. Vincent Adams on Monday cited the need for unannounced visits to oil industry operations, even as American and British oil companies discovered more oil offshore the northeast coast of the South American nation. “Unfettered access to the site: There should be no prevention or stiff-arming of government employees or people ...

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ExxonMobil says interim permit for chemical warehouse was too risky

Country Manager of ExxonMobil, Rod Henson on Monday said if the United States (US)-headquartered Nalco Champion (Guyana) Inc. had decided to sign on to an interim 12-month permit to establish a chemical warehouse in Georgetown, that would have been risky for the projected start of commercial oil production early next year. “There were some conditions in which we could be shut down ...

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ExxonMobil makes 1st Tripletail-1 well discovery offshore Guyana 

The Director of the Ministry of the Presidency’s Department of Energy, Dr. Mark Bynoe on Monday announced that ExxonMobil made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. This well was being drilled by the Tom Madden drillship. This discovery adds to the previously announced estimated recoverable resource of more than ...

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British oil company finds more oil offshore Guyana

The London-listed Irish explorer Tullow Oil said on Monday that it has made a second oil discovery off the coast of Guyana, after the Joe-1 exploration well successfully opened a new upper tertiary oil play in the Guyana basin. The move follows a “substantial and high value oil discovery” by Tullow Oil in its Jethro-1 exploration well, in the same area of ...

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