Payara News

Saipem Gets Go-Ahead for ExxonMobil’s Guyana Oil Development

Apr 15, 2024

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…

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…

ExxonMobil’s Prosperity FPSO Achieves Background Flare in 39 Days

Jan 12, 2024

ExxonMobil Guyana has unveiled that the Prosperity floating production storage and offloading (FPSO) unit, used in the Payara project, achieved background flare in 39 days, ahead of the 60-day target.Achieved ahead of schedule outlined in the project’s environmental permit…

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…

Chevron Target Hess Beats Quarterly Profit Estimates on Production Boost

Oct 25, 2023

Oil and gas producer Hess Corp on Wednesday beat Wall Street estimates for third-quarter profit on higher production, days after agreeing to be bought by larger U.S. rival Chevron Corp for $53 billion.New York-based Hess's net production was 395…

Exxon Expects FID for Guyana's Sixth Offshore Oil Project by Q1 2024

Oct 18, 2023

Exxon Mobil Corp. expects to make a final investment decision on its sixth oil project in Guyana by the first quarter of 2024, the company's country chief Alistair Routledge said on Tuesday.In August, Exxon and its partners proposed a plan to spend $12…

WSG Energy Services Records Several FPSO Asia Pacific Project Wins

Aug 21, 2023

WSG Energy Services (WSGES) in Singapore has secured multiple contract wins on Floating Production Storage and Offloading (FPSO) vessel projects with a combined value in excess of at $10m.WSG was commissioned by Yinson Production to assist on the upgrade and conversion of FPSO Atlanta…

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…

SBM Offshore, ExxonMobil Pen Operation Deal for Four FPSOs in Guyana

May 02, 2023

Dutch FPSO leasing and operation specialist SBM Offshore has signed a 10-year operations and maintenance enabling agreement with ExxonMobil in Guyana for the Operations and Maintenance of the Liza Destiny, Liza Unity, Prosperity, and ONE GUYANA FPSOs…

ExxonMobil Strikes Oil Again in Guyana's Stabroek Block

Apr 26, 2023

ExxonMobil has made yet another oil discovery in Guyana's prolific Stabroek offshore block.The news of the new offshore oil discovery in Guyana was shared by Hess Corp., ExxonMobil's partner in the block, where around 11 billion barrels of oil have been discovered in recent years…

Gallery: Third FPSO Arrives in Guyana's Stabroek Block

Apr 11, 2023

Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana.The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days…

Guyana to Monitor Offshore Drilling Rigs, Potential Oil Spills from Space

Feb 21, 2023

Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications…

Keppel to Deliver Guyana-bound 'Mega' FPSO to SBM Offshore in 1Q

Feb 01, 2023

Singapore's Keppel Offshore & Marine said Wednesday it was on track to deliver a 'mega' floating production, storage, and offloading vessel (FPSO) to SBM Offshore in the first quarter of 2023. This is the third FPSO that Keppel Shipyard is delivering…

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