Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Hydrocarbon Processing Refining Databook 2025: Americas
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
Latin America’s evolving crude outlook
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
Outlook 2025: The importance of ensuring a just transition for developing nations
While the global energy transition is essential for reaching net zero, it is equally important that less-developed countries are allowed to realise the benefits of their hydrocarbon resources
Venezuela casts shadow over Guyana’s bright oil future
But 1m b/d production could be just a few years away if geopolitical risks subside
Eco Atlantic sees promise on the frontiers
The independent tells Petroleum Economist it sees further opportunities in Guyana, South Africa and Namibia
Guyana yields more discoveries
Two more finds have been made at the upstream frontier’s prolific Stabroek block
Hess set for more Guyana benefits
The Stabroek block’s impact on the US independent’s business is only set to grow
ExxonMobil maintains breakneck Stabroek pace
The major will proceed with Yellowtail, its largest Guyanese project to date
Frontera aims to rebuild production
The Colombia-focused operator forecasts a partial rebound in production this year and is hopeful about exploration offshore Guyana
Eco Atlantic expands Guyana acreage
The independent is doubling down on its investment in Guyana with the acquisition of JHI Associates
Eco Atlantic prepares the Stena Forth Drillship to drill the company’s first well of the year
Guyana
Charles Waine
9 July 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

High hopes for Eco Atlantic in Guyana

CEO Gil Holzman is confident of a major offshore discovery in Guyana following promising exploration findings

Guyana has been transformed from a hydrocarbon backwater into one of the world's most exciting oil plays in recent years. ExxonMobil has made 13 major oil discoveries in its Stabroek block alone, totalling around 5.5bn boe, and Eco Atlantic CEO Gil Holzman is convinced he can replicate this success. Frontier exploration and production company Eco Atlantic (with a 15pc share) is preparing to launch a drilling campaign with its partners Tullow (60pc) and Total (25pc) in the Orinduik block offshore Guyana. "The Stena Forth drillship will sail westwards towards Guyana," says Holzman to Petroleum Economist as his Tullow-contracted drillship leaves West Africa on the way to the first target. "Its

Also in this section
Energy’s electric shock
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
ADNOC eyes cross-border opportunities
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
IEA and OPEC energy assumptions on fragile ground
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
India to help Asia spearhead global refining
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search