Weeks after its major oil find at the offshore Ranger-1 well in the Stabroek Block, ExxonMobil’s local subsidiary is preparing to begin drilling at the Pacora-1 well site in the same area.
According to a notice to mariners from the Maritime Administration Department, which was published in yesterday’s Stabroek News, Esso Exploration & Production Guyana Ltd (EEPGL) will on January 25th begin a three-month drilling programme at the new well site.
Since 2015, EEPGL has made a string of finds in the Stabroek block. The latest estimates put oil reserves at around 3.2 billion barrels of oil…..

Law to debar errant contractors coming by year end – Corbin
The Public Procurement Commission (PPC) hopes that by the end of this year debarment legislation would be in place as it will soon begin meeting with stakeholders on a draft.

House passes witness protection bill
A bill to provide a legal framework for the protection of witnesses was passed without amendment by the National Assembly on Friday evening despite arguments by the parliamentary opposition that it failed to take into account modern challenges.

Over $7M seized in Soesdyke raid expected to trigger money-laundering probe
The ownership of over $7 million in local and foreign currencies and several vehicles that were all seized during a raid by the Customs Anti-Narcotics Unit (CANU) at Soesdyke, East Bank Demerara on Friday has raised questions and a separate probe is expected to be launched.

For terminal cancer patients, Beacon hospice offers ray of hope
The final days for cancer patients can be consumed by pain and loneliness.

Family donates land, property for permanent UG student bursary
The University of Guyana (UG) has been gifted land and property in Berbice by a family to establish a perpetual bursary to support financially-challenged students.