Production

Worley Parsons to review ExxonMobil’s development plan

The Government of Guyana has contracted Australian resources and energy consultants Worley Parsons to review ExxonMobil’s initial development plan in preparation for petroleum production from its Stabroek Block come 2020. This review is necessary for determining whether the oil giant...

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Major oil companies focus on ultra-deepwater in Guyana’s offshore expansion, but why?

Ultra-deepwater oil operations involve drilling in water depths greater than 5,000 feet (1,524 meters), where production takes place far...