ExxonMobil makes two more discoveries offshore Guyana

Green Car Congress

ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are the sixth and seventh in Guyana this year, with the total number of discoveries in Guyana at more than 25. The company’s 2022 investment plans include further exploration drilling and resource development in Guyana, where it is already increasing production at an accelerated, industry-leading pace.

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ExxonMobil to proceed with $9B Payara development offshore Guyana

Green Car Congress

ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. As new projects proceed, investment in the Guyana economy increases. Hess Guyana Exploration Ltd.

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ExxonMobil starts production at Guyana’s second offshore development

Green Car Congress

ExxonMobil has started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. Liza Unity on her way to Guyana.

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ExxonMobil makes two more discoveries offshore Guyana

Green Car Congress

ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. Fangtooth was drilled by the Stena DrillMAX, and Lau Lau was drilled by the Noble Don Taylor, which are two of six drillships supporting exploration and development drilling across three blocks operated by ExxonMobil offshore Guyana. These new projects continue to drive investment in Guyana’s growing economy. Hess Guyana Exploration Ltd.

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ExxonMobil makes final investment decision on fourth Guyana offshore project; $10B for Yellowtail development

Green Car Congress

ExxonMobil has made a final investment decision for the Yellowtail development offshore Guyana after receiving government and regulatory approvals. ExxonMobil’s ongoing offshore exploration in Guyana has discovered a recoverable resource of more than 10 billion oil-equivalent barrels.

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ExxonMobil makes three new discoveries offshore Guyana; increases Stabroek resource estimate to nearly 11B barrels

Green Car Congress

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. ExxonMobil currently has four sanctioned projects offshore Guyana. Guyana’s Stabroek Block is 6.6

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ExxonMobil announces significant oil discovery at Whiptail, offshore Guyana

Green Car Congress

ExxonMobil said it made a discovery at Whiptail in the Stabroek Block offshore Guyana. The startup of Liza Phase 2 remains on target for early 2022, and the Liza Unity FPSO expects to sail from Singapore to Guyana in late August 2021. Hess Guyana Exploration Ltd.

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ExxonMobil discovery at Uaru-2 offshore Guyana; block recoverable resource estimate upped to 9B barrels oil-equivalent

Green Car Congress

ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana ( earlier post ). In March 2021, ExxonMobil secured a sixth drillship, the Noble Sam Croft, for exploration and evaluation drilling activities offshore Guyana. Hess Guyana Exploration Ltd.

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ExxonMobil begins oil production in offshore Guyana; estimated ~6B barrels oil equivalent recoverable in Stabroek Block

Green Car Congress

ExxonMobil has started oil production from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. Hess Guyana Exploration Ltd.

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ExxonMobil confirms significant oil discovery offshore Guyana

Green Car Congress

Exxon Mobil Corporation said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 The Liza wells are located in the Stabroek block approximately 120 miles (193 kilometers) offshore Guyana. The Liza-2 well was drilled by ExxonMobil affiliate Esso Exploration and Production Guyana Ltd., Hess Guyana Exploration Ltd.

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ExxonMobil discovers more oil offshore Guyana at Mako-1 well on the Stabroek Block

Green Car Congress

ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45% interest in the Stabroek Block.

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ExxonMobil greenlights Liza development in offshore Guyana; $4.4B Phase 1 investment

Green Car Congress

Exxon Mobil Corporation will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The development received regulatory approval from the government of Guyana. Esso Exploration and Production Guyana Limited is operator and holds a 45% interest in the block. Hess Guyana Exploration Ltd. holds a 30% interest and CNOOC Nexen Petroleum Guyana Limited holds 25%.

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British and Brazilian companies to install bioethanol demo plant in Guyana

Green Car Congress

The two will install the units for a bioethanol demonstration plant at the Guyana Sugar Corporation (Guysuco) Albion Sugar Factory, and will be delivering a turnkey unit early next year. Completely reliant on imported oil as a key source of energy, the Government of Guyana, through its Agriculture Sector Development Unit (ASDU), is turning to bioethanol as a source of fuel. After detailed studies it was concluded that locally produced biofuels could have a positive impact in Guyana.

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ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels

Green Car Congress

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana ( earlier post ) to approximately 10 billion oil-equivalent barrels. Hess Guyana Exploration Ltd. holds 30% interest and CNOOC Petroleum Guyana Limited holds 25% interest.

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

Other significant new proved reserve additions were made in Guyana, where the company funded the first phase of development last year, and in Mozambique, associated with the project funding of the Coral FLNG project in the gas-rich deepwater Area 4. Offshore Guyana, ExxonMobil has discovered recoverable resources, including current proved reserves and additional resources, estimated to be 3.2 Additional exploration drilling in Guyana is planned in 2018 on the 11.5

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EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

Green Car Congress

The remaining key sources of forecast non-OPEC production growth come from Norway, Argentina, Kazakhstan, Oman, and Guyana.

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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

Green Car Congress

Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020. Production in Guyana is expected to reach more than 750,000 gross barrels of oil per day by 2025.

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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

Green Car Congress

In Guyana, ExxonMobil recently announced the 13 th discovery on the Stabroek block, adding to the previously estimated 5.5 Guyana’s first oil production is on track for early next year, five years after discovery. ExxonMobil is progressing growth plans to increase its earnings and cash flow potential while researching technology breakthroughs to reduce emissions, Chairman and CEO Darren Woods said during the company’s annual meeting today.

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Tesla Model 3, Model X are Google’s Most Searched for EVs globally

Teslarati

The Model X claimed notable areas like Elon Musk’s home country of South Africa and other regions like Egypt, Kazakhstan, Guyana, and Nambia.

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Study links PM2.5 pollution to increased risk of diabetes; even low levels pose risk

Green Car Congress

For example, poverty-stricken countries facing a higher diabetes-pollution risk include Afghanistan, Papua New Guinea and Guyana, while richer countries such as France, Finland and Iceland experience a lower risk. A study by a team from Washington University School of Medicine in St. Louis and the Veterans Affairs (VA) St. Louis Health Care System links PM 2.5 pollution—even at levels deemed safe—to an increased risk of diabetes globally.

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EV Radar: May 2022

Noodoe

Guyana. EV Radar consists of top EV news, education, vehicle announcements, and more from the EV world. We’ll keep you informed. Get EV Radar in your email every two weeks. Subscribe for the revolution in your inbox. SUBSCRIBE TO EV RADAR. Want a little more news a little more often?

EV Radar: June 2022

Noodoe

Guyana. EV Radar consists of top EV news, education, vehicle announcements, and more from the EV world. We’ll keep you informed. Get EV Radar in your email every two weeks. Subscribe for the revolution in your inbox. SUBSCRIBE TO EV RADAR. Want a little more news a little more often?

EV Radar: April 2022

Noodoe

Guyana. EV Radar consists of top EV news, education, vehicle announcements, and more from the EV world. We’ll keep you informed. Get EV Radar in your email every two weeks. Subscribe for the revolution in your inbox. SUBSCRIBE TO EV RADAR. Want a little more news a little more often?