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Uaru development to be first use of TechnipFMC’s Subsea 2.0™ system by ExxonMobil

OilNOW -
Oil and gas engineering firm TechnipFMC has been awarded a large contract to provide the subsea production system for ExxonMobil Guyana's Uaru project. The contract covers the supply of 44 subsea trees, 12 manifolds, and associated equipment. This is the...
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UPDATE: Venezuela Chamber meeting was courtesy visit – GO-INVEST

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Guyana Office for Investment (GO-INVEST) said Tuesday that a meeting held with the Venezuela Chamber of Petroleum was merely a courtesy visit with no substantive outcome at this juncture.  GO-INVEST had posted about the meet which occurred on April 1...
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Dutch FPSO builder SBM Offshore in 10-year maintenance deal with Stabroek Block operator

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SBM Offshore has announced a new 10-year Operations and Maintenance Enabling Agreement with ExxonMobil Guyana, for the operations and maintenance of floating production, storage and offloading (FPSO) vessels Liza Destiny, Liza Unity, Prosperity and ONE GUYANA.  This agreement has set...
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Exxon’s Texas refinery now second largest in US

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American multinational, ExxonMobil Corporation disclosed on April 28 that its Beaumont refinery in Texas is now the second largest in the United States (US) on account of a 250,000 barrel-per-day expansion project. The refinery now has a processing capacity...
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Nearly 1,000 unique Guyanese suppliers involved in Exxon’s operations

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ExxonMobil Guyana said more than 5,000 Guyanese nationals are supporting its operations as its projects continue to drive growth in the world's fastest growing economy. Exxon said too that its operations, including the work of its key contractors, are...
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Guyana maintains presence at prestigious offshore conference

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The Guyana Pavilion at the Offshore Technology Conference 2023 (OTC), was officially opened on the morning of May 1 with a symbolic ribbon-cutting ceremony. Guyana has been one of the main newcomers at the show in recent years. The...
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No production target impacts expected as Petrobras delays project start-ups 

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Brazil’s state-owned Petrobras has delayed the start-up of three floating production, storage and offloading (FPSO) vessels as its new energy strategy is being crafted.  Petrobras said that first oil dates for the Almirante Tamandaré FPSO and Maria Quiteria FPSO are...
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Total nets US$4.9B in cash flow for Q1 2023

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TotalEnergies has announced a profit of US$5.6 billion for the first quarter of 2023. With the lower oil and gas prices, the company has achieved a return on average capital employed of 25% and cash flow of US$9.6 billion. Exploration...
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Local Content Secretariat pushing technical capacity building

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The Local Content Secretariat (LCS) is coordinating a paid internship pilot program with the Guyana Technical Institute (GTI) to align students in technical fields with sub-contractors along the supply chain to build on skills and experience in the country’s...
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Guyana’s first floating dry dock up and running, can service 60 vessels annually 

OilNOW -
Expansion plans have been eyed for Guyana’s first floating dry dock, owing to the fast-paced development of its marine sector pulling larger vessels to the country’s shores.  Named Dock Yard (DY), the facility has been running since January after getting...
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Petronas adds Roystonea-2 to Suriname exploration campaign

PETRONAS has added the Roystonea-2 appraisal well to its exploration program in Block 52 offshore Suriname, according to Staatsolie. Staatsolie...

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