Repsol’s offshore drilling faces new delay

Drilling for oil offshore Guyana is unlikely to begin this month, with the contracted rig still operating in Suriname.

Spanish oil giant Repsol and its joint venture partners, including Repsol’s affiliate YPF Guyana Limited, Tullow Guyana BV and CGX Energy will drill the ‘Jaguar 1’ well on the company’s Georgetown Block. Officials had hoped that drilling would have commenced