Tag Archives: Repsol

Large oil companies head to Guyana’s rich oil, gas basin – By Bert Wilkinson

Large oil companies head to Guyana’s rich oil, gas basin

BY BERT WILKINSON

Three of the world’s largest oil and gas companies are preparing to bid for offshore blocks near to where United States oil giant ExxonMobil found large amounts of sweet light crude oil off the Caribbean Community nation’s coast two years ago officials said Friday.

Resources Minister Raphael Trotman said a high level team from California-based Chevron Corp is expected in the country next week to discuss an application for an offshore bloc while British Petroleum and Brazil’s Petrobras have also signaled plans to apply for blocs.      Continue reading

Oil: High-resolution seismic surveys offshore Guyana to begin

High-resolution seismic surveys offshore Guyana set to begin
 September 9, 2013 – Caribbean News Now  
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The Polarcus Asima engaged by Repsol to undertake 2D and 3D surveys in the Kunuku Block offshore Guyana

GEORGETOWN, Guyana (GINA) — A high-level delegation on Saturday toured a state-of-the-art vessel, the Polarcus Asima, which has been engaged by Spanish multinational oil and gas company Repsol to undertake seismic two dimensional (2D) and three dimensional (3D) surveys in the eastern Guyana Offshore – Kanuku Block.

In May of this year, the Guyana government and Repsol signed the agreement for petroleum exploration in the Kanuku Block off the Berbice River by 2016.   Continue reading

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