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Letter from South America: Guyana and Suriname poised for change
The enormous exploration success of recent years leaves the South American neighbours at a crossroads
Guyana keeps the oil finds flowing
Latin America’s latest crude producer again proves its status as a world-class petroleum province
Frontera anticipates Guyana jackpot
The Latin America-focused producer aims to emulate the drilling successes of neighbouring blocks to diversify its portfolio
Stabroek partners strike oil in Guyana
Drilling campaign adds yet another major oil find in the prolific block
Tullow to resume Gabon expansion
The debt-burdened firm’s fortunes appear to be turning
Tullow sees progress in Kenya
The company might not have given up on its Kenyan ambitions
Offshore exploration heats up in Guyana
Production from the Liza project is ramping up, but operators still have plenty of exploration options ahead
Namibia's upstream defies downturn
Large-scale, deepwater prospects continue to draw deep-pocketed investors
Tullow back to square one in Suriname
Latin American exploration campaign stutters as producer continues search for major offshore oil find
Guyana packs a punch for ExxonMobil
Achieving early production at the Liza project is only the first step in the US major’s ambitious strategy
Suriname Guyana Apache Tullow Oil
Charles Waine
9 January 2020
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Apache makes breakthrough Suriname find

US independent’s share price soars as oil confirmed in frontier province

The small South American country of Guyana has been transformed since the discovery of offshore oil in 2015 into one of the world’s most prolific exploration hotspots—18 new discoveries from just 20 wells drilled—and will soon begin producing first oil from phase one of ExxonMobil’s Liza project. But, while Guyana is set to become one of the leading producers in Latin America over the next decade, exploration in neighbouring Suriname had to date failed to replicate its rival’s upstream successes—returning no commercial finds—despite similar geology and major oil companies snapping up acreage across the maritime border from ExxonMobil’s prolific Guyanese Stabroek block.  The fortunes of the n

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