SBM Offshore has secured a contract from ExxonMobil to construct and install the Jaguar FPSO for the Whiptail development project located in the Stabroek Block in Guyana.The ownership of the Jaguar FPSO will be transferred to ExxonMobil Guyana…
Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52.The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1…
Brazil's state-run oil firm Petrobras is resisting regulatory demands requiring it to assess the impact on Indigenous groups of drilling in an offshore basin near the mouth of the Amazon River, Chief Exploration and Production Officer Joelson Mendes told journalists on Tuesday…
Seatrium has secured a topsides integration contract from MODEC's company Offshore Frontier Solutions for the Errea Wittu floating production storage and offloading (FPSO) unit.The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu…
As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U…
Italian offshore energy services firm Saipem has received authorization to proceed with the execution of works for ExxonMobil’s Whiptail oilfield development project, in the Starbroek block offshore Guyana.The go-ahead from ExxonMobil Guyana…
Hess Corp on Wednesday said its board has set April 12 as the record date for the determination of the stockholders entitled to vote on the proposed merger with Chevron Corp.Shareholders will vote on the proposed deal in a meeting whose date is yet to be set…
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator…
Norwegian company Miko Marine has secured a contract from Offshore Frontier Solutions, a MODEC Group company, for the supply of sea inlet covers for its new floating production storage and offloading (FPSO) Errea Wittu, being built for ExxonMobil…
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…
Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market…
Suriname's state-owned oil company Staatsolie has begun talks with oil majors Exxon Mobil and TotalEnergies to encourage joint development of natural gas fields that straddle its and Guyana's maritime borders, the head of its state oil firm told Reuters late Tuesday…
TMC Compressors (TMC) has secured a contract to supply a large capacity marine compressed air system to MODEC’s FPSO Errea Wittu, set for deployment at ExxonMobil’s Uaru field offshore Guyana.TMC said it will manufacture and assemble the equipment in Europe…
ExxonMobil has made an oil discovery at Bluefin in the Stabroek block offshore Guyana, marking its first discovery of 2024.The Bluefin well encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone and was drilled by the Stena Drilling's Stena Drillmax drillship in 4…
ExxonMobil's surprise challenge to Chevron's acquisition of Hess through a dispute over a stake in a major Guyana oil field could prove fruitful for the U.S. oil giant, even if it does not end up enlarging its holdings in the South American country…
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