Yellowtail News

VIDEO: Topside Module Construction Starts for Giant ONE Guyana FPSO

Oct 14, 2022

The Dutch FPSO leasing specialist SBM Offshore said Friday the construction of the topside modules had kicked off in Singapore for one of the company's largest-ever FPSO units, the One Guyana FPSO.'During September this year, two steel strike…

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…

Guyana's President Visits Exxon's FPSO. Praises Local Crew

Aug 24, 2022

Guyana's president Irfaan Ali on Monday visited ExxonMobil's Liza Unity FPSO - Guyana's second FPSO in production - where he praised the Guyanese crew aboard.According to Guyana's Department of Public information, he told the Guyanese crew on…

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 Taps Acorn for EIA Work on Fifth Offshore Development in Guyana

Aug 09, 2022

ExxonMobil has hired Acorn International, an environmental and risk management consultancy with offices in Boston and Houston, to perform an Environmental Impact Assessment (EIA) and lead the public consultation program for the Uaru Project…

SBM Orders Seventh Fast4Ward Hull

Aug 05, 2022

Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion. The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024…

SBM Offshore Closes $1.75B Financing for Its Largest FPSO Yet

Jul 21, 2022

Dutch FPSO leasing specialist SBM Offshore said Thursday it had completed the US$1.75 billion project financing for the FPSO One Guyana. The company has previously said that this would be the company's largest FPSO so far. It will be deployed at ExxonMobil's Yellowtail development…

Strohm to Deliver TCP Subsea Water Alternating Gas (WAG) Jumper for Exxon's Guyana Project

Jul 01, 2022

U.S. oil major ExxonMobil is set to install a subsea water alternating gas (WAG) jumper made from Strohm’s Thermoplastic Composite Pipe (TCP) on the Liza Phase 2 project offshore Guyana. This will be followed by a multi-jumper deployment campaign…

TechnipFMC Gets Notice to Proceed, Wins More Work at Exxon's Yellowtail Project Offshore Guyana

May 03, 2022

Oilfield services giant TechnipFMC has secured an additional contract and received notice to proceed from ExxonMobil for its Yellowtail development in the Stabroek Block offshore Guyana.The newly announced, 'significant' flexibles contract covers…

Hunting Wins Work at Exxon's Yellowtail Project Offshore Guyana

Apr 12, 2022

Oilfield services group Hunting has won a contract to provide titanium stress joints for ExxonMobil's Yellowtail oilfield development project in the Stabroek Block offshore Guyana.Hunting said its Direct Pull-Through installation methodology…

SBM Offshore Confirms Giant FPSO Contract Award for Exxon's Yellowtail Project in Guyana

Apr 05, 2022

SBM Offshore, a Dutch company that designs, builds, installs, and operates FPSO units, has confirmed the receipt of a firm order from ExxonMobil for the fourth and largest FPSO to be deployed offshore Guyana.The FPSO will be designed to produce 250…

ExxonMobil Gets Guyana's Approval for Yellowtail Project

Apr 03, 2022

ExxonMobil Corp on Friday received approval to begin work on its fourth offshore oil project in Guyana from the South American country's Environmental Protection Agency.The permit will allow Exxon to begin construction and operation of its Yellowtail project…

ExxonMobil Sanctions Fourth and Largest Oil Project Off Guyana. FPSO to Be Named 'One Guyana'

Apr 04, 2022

U.S. oil major ExxonMobil has made a final investment decision for its fourth and largest oil field development offshore Guyana - the Yellowtail - after receiving government and regulatory approvals.ExxonMobil said that the Yellowtail project in the Stabroek Block is expected to produce about 250…

Keppel O&M Wins FPSO Integration Work Worth $180.4M

May 06, 2022

Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage and Offloading vessels (FPSO).Keppel Offshore & Marine…

Exxon Makes Three New Oil Discoveries in Guyana, Boosts Reserves

Apr 26, 2022

Exxon Mobil Corp on Tuesday said it found oil in three new wells drilled off the coast of Guyana, raising recoverable oil and gas potential from its discoveries to nearly 11 billion barrels.The discoveries continue a run of exploration successes that date to 2015…

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