Eco Atlantic prepares the Stena Forth Drillship to drill the company’s first well of the year
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
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
