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Shell, ExxonMobil in JV for Singapore carbon capture project

OilNOW -
Shell and ExxonMobil have announced a joint venture (JV) for a significant carbon capture project in Singapore, to help the city-state's decarbonization ambitions. The project, led by the S-Hub consortium which includes ExxonMobil Asia Pacific Pte Ltd and Shell...
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ExxonMobil Guyana to establish coastal telecommunications station for gas pipeline operations

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ExxonMobil Guyana Limited (EMGL) has announced plans to establish a telecommunications coastal station in the Georgetown area to support operations related to the Gas-to-Energy pipeline. The station aims to facilitate communication and monitoring efforts crucial for pipeline operations and...
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APA to focus on Baja-1 discovery area; relinquishes remainder of block 53

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APA Suriname Corporation LDC and its collaborators the Spanish CEPSA and Petronas have opted to return a portion of block 53 in the Surinamese offshore region to Staatsolie Maatschappij Suriname N.V., as detailed in a recent announcement by Staatsolie....
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Guyana’s territory will never be platform for war, Ali tells CELAC Summit

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In an address at the VIII Summit of the Community of Latin American and Caribbean States (CELAC), held in St. Vincent and the Grenadines, Guyana's President, Dr. Mohamed Irfaan Ali, discussed the nation's commitment to peace and stability within...
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Campaigners lose court bid to cancel Exxon’s Liza 1 environmental permit

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A High Court Judge in Guyana, Damone Younge, has ruled in favor of the Environmental Protection Agency (EPA) in a case concerning the renewal of the Environmental Permit related to the Liza 1 project.  According to an EPA release, the...
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Hull reserved for Guyana’s Jaguar FPSO – Dutch shipbuilder

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Dutch shipbuilder, SBM Offshore, said it has reserved a multi-purpose floater hull for the Jaguar floating production, storage and offloading (FPSO) vessel it is expected to construct for ExxonMobil's sixth development offshore Guyana.  In its 2023 Annual Report, the company...
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Guyana, Suriname, and Brazil pledge energy cooperation in trilateral declaration

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In a joint declaration issued after a trilateral working meeting, Presidents Dr. Mohamed Irfaan Ali of Guyana, Luiz Inácio Lula da Silva of Brazil, and Chandrikapersad Santokhi of Suriname expressed their commitment to strengthen energy cooperation among the three...
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Exxon to continue pipelaying for Gas-to-Energy project with Tamuata, Stingray barges

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ExxonMobil Guyana is expected to continue with pipelaying activities from the West Coast of the Demerara River toward the Stabroek Block for the Gas-to-Energy project. Guyana’s Maritime Administration said in a notice that the shallow water pipelaying barges Stingray and...
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Guyana will live with outcome of Exxon challenge to Chevron acquisition – Jagdeo

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Vice President of Guyana, Bharrat Jagdeo says the government “will live with” the result of the surprise challenge by ExxonMobil over Chevron's acquisition of Hess' stake in the Stabroek Block. Exxon and CNOOC are asserting the right of first...
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SBM Offshore delivers record financial performance in 2023

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SBM Offshore announced on Feb. 29 that it delivered record level financial performance in 2023 with Directional Revenue of US$4.5 billion, over 38% above guidance. The company also maintained its future backlog at more than US$30 billion. “Over the past...
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