Exxonmobil News

 

ONE Guyana FPSO for ExxonMobil’s Yellowtail Field Leaves Drydock in Singapore

Feb 21, 2024

SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO is set to join three other SBM Offshore-operated FPSOs in Guyanese waters in 2025.Building upon the success of predecessors like Liza Destiny, Liza Unity, and Payara Prosperity…

DeepOcean Gets ExxonMobil’s Guyana Task

Feb 14, 2024

Ocean services provider DeepOcean has been awarded a contract by ExxonMobil Guyana for the provision of subsea construction and inspection, maintenance, and repair (IMR) services offshore Guyana in South America.Under the contract, DeepOcean will plan and execute a wide range of subsea activities…

KOTUG Bolsters Guyana Fleet with Three Offshore Terminal Tugs

Nov 14, 2023

KOTUG said Tuesday it had, via its Guyanese subsidiary KOTUG Guyana strengthened its position in Guyana with the arrival of three additional Offshore Terminal Tugs to support ExxonMobil Guyana’s offshore operations.With the arrival of KOTUG-owned ‘SD Grace’…

ExxonMobil Brings Online Third FPSO Offshore Guyana

Nov 14, 2023

U.S. oil major ExxonMobil said Tuesday it had started production at Payara, Guyana’s third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. The company's third FPSO…

Ahead of Schedule: ExxonMobil Guyana Takes Ownership of FPSO Liza Unity from SBM Offshore

Nov 10, 2023

Dutch FPSO leasing firm SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil, have completed the transaction related to the purchase of FPSO Liza Unity, a few months ahead of the end of the maximum lease term, in February 2024…

SBM Offshore Upgrades Annual Revenue, Profit Outlook after ExxonMobil FPSO Sale

Nov 09, 2023

Dutch oil and gas services company SBM Offshore on Thursday upgraded its full-year revenue and core profit targets after ExxonMobil exercised its purchase option for a project in Guyana.The Amsterdam-based company now aims for a directional revenue of $4…

Aker Solutions to Provide Dynamic and Static Subsea Umbilicals for ExxonMobil's Uaru Project

May 19, 2023

Norwegian offshore engineering and construction firm Aker Solutions said Friday it had won a sizeable contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana. Aker Solutions defines a sizeable contract as between NOK 0…

Saipem to Deliver Subsea Structures for Exxon's Most Expensive Offshore Oil Project in Guyana

May 04, 2023

Italian offshore energy services firm Saipem has received from ExxonMobil the authorization to proceed with the final phase of its contract related to the delivery of subsea systems for the Uaru oil field development project in Guyana.In December 2022…

ExxonMobil Taps TechnipFMC for Uaru Subsea Production System

May 02, 2023

TechnipFMC announced Tuesday it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited to supply the subsea production system for the Uaru project offshore Guyana.The award covers 44 subsea trees and associated tooling…

SBM Offshore, ExxonMobil Pen MoU for Another Guyana FPSO

Nov 11, 2022

Dutch FPSO systems provider SBM Offshore said Thursday it had signed a memorandum of understanding with ExxonMobil for the supply of another FPSO in Guyana.'The company recently placed an order for a seventh Fast4Ward MPF hull. The construction…

ExxonMobil Strikes First Discovery in Angola Block 15 in Nearly 20 Years

Nov 09, 2022

U.S. oil major ExxonMobil has made a discovery at the Bavuca South-1 exploration well at the Block 15, offshore Angola.The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 kilometers…

ExxonMobil Books Maersk Nomad SSV for Operations in Guyana

Nov 03, 2022

U.S. oil major ExxonMobil has chartered the Subsea Support Vessel (SSV) Maersk Nomad for a minimum one-year contract, supporting its field development activities offshore Guyana.Maersk Nomad will be operating with two ROVs onboard, providing…

ExxonMobil Makes Two More Oil Finds at Guyana's Stabroek Block

Oct 26, 2022

ExxonMobil has made two new discoveries at the Yarrow-1 and Sailfin-1 wells on the Stabroek Block offshore Guyana.The discoveries, which are the eighth and ninth this year, will add to the block’s previously announced gross discovered recoverable…

Magseis Fairfield Wins OBN Survey Work with ExxonMobil in Guyana

Aug 17, 2022

Oslo-listed marine seismic survey firm Magseis Fairfield has signed a contract with ExxonMobil for a large Ocean Bottom Node (OBN) project offshore Guyana, where ExxonMobil has so far discovered 11 billion barrels of oil.The project is expected…

ExxonMobil Agrees to Sell Romanian Subsidiary to Romgaz for Over $1B

May 03, 2022

U.S. oil major ExxonMobil has agreed to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.The deal includes all shares in ExxonMobil…

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