Japan's MODEC said Monday it would proceed with engineering, procurement, and construction on the Uaru FPSO vessel following a final investment decision on the Uaru offshore oil project by ExxonMobil in Guyana last month.The Uaru FPSO is named ‘Errea Wittu’…
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…
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…
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…
Bourbon Marine & Logistics has partnered with the Guyanese company Tethys Marine & Logistics, which becomes a 51% shareholder of the Bourbon Guyana Joint Venture. 'With 75% Guyanese Directors, Bourbon Guyana thus becomes the first indigenous Offshore Support Vessels operator…
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…
Dutch FPSO leasing company SBM Offshore said Friday that the China-built hull of the FPSO ONE Guyana had entered drydock at Keppel Shipyard in Singapore. One Guyana is one of SBM Offshore's largest-ever FPSO Units and is being built for deployment…
Hess Corp indicated the consortium that controls Guyana's oil production, of which it is a member, is prepared to relinquish 20% of the Stabroek oil block, but not any areas where it now produces or intends to produce oil in the future. An Exxon Mobil-led consortium controls the 6…
Guyana, the South American country that is home to the world's largest oil discoveries in a decade, next wants to develop its mostly untapped natural gas reserves, Vice President Bharrat Jagdeo said on Sunday.The nation aimed to diversify its…
Guyana's coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell, Petrobras, and Chevron, to consider the decade's hottest oil region, people close to the matter said.The South American country is offering 14 offshore blocks…
Guyana is working with the Indian government on awarding oil and gas exploration blocks to Indian companies, Vice President Bharrat Jagdeo said on Wednesday.The South American nation, home to one of the largest oil discoveries of the last decade…
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…
Guyana Vice President Bharrat Jagdeo told Reuters the country plans to take back 20% of the giant Stabroek oil block that has been responsible for a series of massive discoveries from a consortium led by Exxon Mobil Corp., and remarket it by next year…
As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…
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…
Subscribe
