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Thursday, 05 October 2017 08:53

ExxonMobil makes fifth Guyana discovery

ExxonMobil has further confirmed the potential of the Stabroek block offshore Guyana with a fifth oil discovery in the Turbot-1…
Monday, 31 July 2017 08:45

Hess to start up North Malay in Q3

Map of North Malay basin, from Hess. Hess Corp. is ready to start production at its North Malay basin project…
Published in OE Press: 2017 / July
Thursday, 13 July 2017 12:37

Exxon JV inks Block 59 deal off Suriname

ExxonMobil is preparing exploration activities offshore Suriname, after signing a production sharing contract (PSC) with Suriname’s national oil company Staatsolie…
Published in OE Daily: 2017 / July
Suriname's oil agency Staatsolie has agreed to award a production sharing contract for offshore Block 59 to a consortium consisting…
Published in OE Daily: 2017 / June
ExxonMobil and partner Hess have made a final investment decision to proceed with a US$4.4 billion first phase of development…
Published in OE Daily: 2017 / June
Monday, 05 June 2017 08:30

Exxon's Liza FID expected this month

The Guyanese government is expected to grant ExxonMobil and its partners a production license for the giant Liza project ahead…
Published in OE Daily: 2017 / June
Hess Corp. signed a non-exclusive 10-year global agreement with Wood Group to provide engineering, project management, construction, commissioning, operations and…
Published in OE Press: 2017 / May
The latest Gulf of Mexico lease sale had 28 companies vying for 163 tracts in a total of 913,542 acres…
Published in OE Daily: 2017 / March
Wednesday, 01 March 2017 08:39

McDermott gets Hess PSD work

McDermott International has won a contract award from Hess Corp. for subsea tieback work for its deepwater Penn State Deep…
Published in OE Press: 2017 / March
Wednesday, 15 February 2017 03:18

BSEE inspects Hess' Stampede TLP

Hess Corp.’s Stampede tension leg platform moved one step closer to production Wednesday following completion of an initial pre-production inspection…
Tuesday, 31 January 2017 04:47

Wood Group inks Hess Malaysia contract

Wood Group has been awarded a five-year contract with Hess Exploration & Production Malaysia. The operations and maintenance contract is…
Thursday, 26 January 2017 10:18

Hess takes Q4 loss, expects momentum

Hess Corp. posted a US$4.9 billion net loss in Q4, as the company moves forward to focus on its developments…
Friday, 13 January 2017 10:47

Guyana in the spotlight

ExxonMobil’s double hit offshore Guyana this week has put the country in the spotlight with expectations of becoming a serious…
Thursday, 12 January 2017 13:54

Hess raises 2017 E&P budget by 18%

US independent Hess will increase its 2017 exploration and production (E&P) budget, turning its attention to activity offshore Norway, Guyana,…
Thursday, 12 January 2017 08:23

Payara pays off for Exxon in Guyana

ExxonMobil has hit gold offshore Guyana with its new ultra deepwater Payara discovery, in addition to upping its ante at…
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