News

The arrival of a capping stack in Guyana is imminent, ExxonMobil Guyana President, Alistair Routledge said. The government mandated that the company have one in-country in case of a large spill. “We did commit to purchasing one that will...

Touchstone Exploration announced its acquisition of Trinity Exploration and Production, a May 1 release from the Trinidad and Tobago Energy Chamber outlined. The agreement entails Touchstone acquiring all issued and to-be-issued ordinary share capital of Trinity in an all-share...

Petrobras' average production of oil, natural gas liquids (NGL) and natural gas in the first quarter of 2024 reached 2.7 million barrels of oil equivalent per day (boe/d), an increase of 3.7% compared to Q1 2023.  Petrobras said the increase...

ExxonMobil Guyana President, Alistair Routledge said during an April 30 press conference that the company’s reserves estimate for the Stabroek Block has not changed much beyond the 11 billion barrels stated in 2022.  The company made 10 more discoveries after...

ExxonMobil’s scheduled shutdown of the Liza Destiny and Liza Unity floating production, storage and offloading (FPSO) vessels to facilitate the Gas-to-Energy project pipeline hookup will occur sometime in July-August.  Country President, Alistair Routledge disclosed same at an April 30 press...

ExxonMobil Guyana President, Alistair Routledge said the company is not financing Guyana’s Essequibo case at the International Court of Justice (ICJ).  He commented at an April 30 press conference when asked to respond to an accusation from Venezuela that the...

Editor-in-Chief at GEO ExPro, Henk Kombrink, questioned why companies would announce a discovery when the actual proof is not there, following a March 18 release from Vancouver-based explorer MCF Energy that announced a “significant gas discovery” at its Welchau-1...

QatarEnergy said it signed an agreement with China State Shipbuilding Corporation (CSSC) for construction of 18 ultra-modern QC-Max size liquefied natural gas (LNG) vessels, a major boost in its LNG fleet expansion program. The new vessels, with a capacity of...

ExxonMobil said in its 2024 first-quarter earnings report that excellence in project execution and operations was demonstrated when the Payara project safely reached its nameplate production target of 220,000 barrels per day (b/d) in January.  Dutch floater specialist, SBM Offshore,...

Vallourec said it got a fourth major order in the framework of a 10-year Long-Term Agreement (LTA) it signed in 2021 with ExxonMobil Guyana. Under the contract, Vallourec will deliver line pipe for the Whiptail project.  Vallourec will deliver over...