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PROSPERITY UPDATES: Naming ceremony for Guyana’s third FPSO set for Wednesday

The naming ceremony for Guyana’s third floating, floating, production, storage and offloading (FPSO) vessel – the Prosperity – is set for Wednesday Feb. 1 at the Keppel Shipyard in Singapore. First Lady of Guyana, Arya Ali, attended a reception hosted...

Stabroek partners looking to up Liza Unity production in Q4 2023

After a successful start-up in February 2022 and a gradual production ramp-up in July, the Stabroek Block co-venturers are considering production optimisation measures on the Liza Unity FPSO in the fourth quarter of 2023. Hess President and Chief Operating Officer,...

PROSPERITY UPDATES: Guyana FPSO built with record sustainable design

The Payara project, scheduled for startup in 2023, will utilise a floating production, storage and offloading (FPSO) vessel with a record sustainable design. ExxonMobil had said that its new Guyana FPSOs would be modeled off the sustainable design of the...

Food supply to FPSOs could generate up to US$30M annually for Guyanese consortium – Dr. Pertab

Efforts by authorities in Guyana to establish a consortium of caterers for three of the nation’s floating production, storage and offloading (FPSO) vessels operating at the Stabroek Block could see between US$25 million and US$30 million being earned by...

Liza Destiny FPSO crew recognised for achieving one year without ‘hurts, cuts or bruises’

ExxonMobil Guyana announced Saturday that it is celebrating 365 days of ‘No Hurts’ aboard the Liza Destiny floating production, storage, and offloading (FPSO) vessel operating in the Stabroek Block. “That’s NO injuries; No cuts, NO bruises, NO physical body damage...

BP Oil wins one-year contract to market Guyana’s Liza crude

The United Kingdom’s BP Oil International Limited beat 13 competitors to win a one-year contract for the marketing of Guyana’s share of profit oil from the Liza Destiny and Liza Unity floating production, storage and offloading (FPSO) vessels. The marketing tender was...

Construction of Guyana’s 3rd and 4th FPSOs progressing well

Construction of the 3rd and 4th floating production storage and offloading (FPSO) vessels for ExxonMobil’s operations in Guyana – Prosperity and ONE GUYANA - is progressing well, according to SBM Offshore, the company building the vessels. For ONE GUYANA, SBM Offshore said...

SBM Offshore signs MOU with Exxon for future Guyana FPSO

Dutch floater specialist SBM Offshore has signed an MoU with ExxonMobil Guyana for construction of a multi-purpose floater hull for use on a future floating production storage and offloading (FPSO) project. SBM made the announcement today via its LinkedIn page. “ExxonMobil and...

Exxon awards contract to MODEC for fifth Guyana FPSO

Global supplier and operator of offshore floating platforms, Mitsui Ocean Development & Engineering Company Inc. (MODEC) announced on Tuesday that it has signed a contract to perform Front End Engineering and Design (FEED) for a Floating Production, Storage and...

Exxon joins Guyana court case in defense of its Liza Phase 1 permit

ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has been granted a court order to join proceedings in a suit brought to the Guyana Supreme Court that challenges the validity of its Liza Phase 1 environmental permit. Danuta Radzik, a local activist and...

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MODEC to introduce new offshore training programme in Guyana 

MODEC is expected to unveil a new training programme to bolster Guyana’s existing offshore capabilities, Country Manager Rafeal Fumis...