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Demand for shore base capacity in Guyana to skyrocket with 10 FPSOs in play

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The demand for shore base support services is set to grow tenfold as Stabroek Block operator ExxonMobil eyes at least 10 floating oil platforms offshore Guyana around the end of the decade. Exxon is forging ahead with its exploration and...
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Guyanese “trailblazers” lauded by President onboard country’s largest capacity FPSO

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Guyana’s President, Dr. Mohamed Irfaan Ali visited the Liza Unity floating production storage and offloading (FPSO) vessel on Tuesday where he toured the facility and met with the crew. He told Guyanese workers onboard the country’s largest capacity FPSO to...
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SBM Offshore aiming for ‘near-zero emissions FPSO’ by 2025 – CEO

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SBM Offshore is positioning itself to benefit from the global energy transition. The company has its eyes set on achieving net-zero emissions by 2050 and has announced new intermediate greenhouse gas-related targets. SBM Offshore’s Chief Executive Officer (CEO) Bruno Chabas disclosed...
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Builder of Guyana FPSOs now has best delivery time in the world for high-capacity vessels

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Dutch floater specialist SBM Offshore is the only company in the world to deliver floating production storage and offloading (FPSO) vessels with capacity above 120,000 barrels per day, on time, in the last five years. The company’s world-class performance is...
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Exxon hires second tug from KOTUG to support Liza field production facilities

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ExxonMobil Guyana affiliate, Esso Exploration and Production Guyana Limited (EEPGL), has contracted a second tug from towage and maritime company, KOTUG, to support operations in the Liza field, KOTUG said. The “SD Power”, which has been in use offshore Guyana...
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At US$1.5 billion a piece, Exxon says 10 FPSOs by 2030 remain in play for Guyana

OilNOW -
By the end of this decade, ExxonMobil envisions up to ten floating production storage and offloading vessels (FPSO) operating offshore Guyana. This is according to the ExxonMobil Guyana President, Alistair Routledge in an article published by Senior Contributor to...
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Hess sold 6 million barrels of Liza crude in Q2, expects 75,000 bpd for remainder of year

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Hess Corporation, which holds a 30% working interest in Guyana's coveted Stabroek Block, told industry watchers on Wednesday morning that it sold six one-million barrel cargos of sweet crude oil from Guyana for the second quarter of 2022. This...
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Liza projects at full capacity as background flare achieved offshore Guyana

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ExxonMobil Guyana’s Production Manager, Mike Ryan, announced full production capacity has been reached at both Liza projects offshore Guyana. Exxon was able to safely install a new gas compressor aboard the Liza Destiny floating production, storage, and offloading (FPSO) vessel...
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Liza Unity achieves pilot flare, new gas compression system for Liza Destiny – Exxon

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ExxonMobil Guyana announced Thursday that its second production vessel, the Liza Unity, achieved pilot flare after its gas compression and injection systems were safely commissioned in “half normal industry time”. ExxonMobil Guyana Production Manager, Mike Ryan dubbed the achievement “a...
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Launch of Liza Phase 2 pushes China’s oil giant production up by more than 28%

OilNOW -
China's offshore oil giant CNOOC offshore assets in South America, led by the Stabroek Block in Guyana and Brazilian Libra and Buzlos Surplus projects, have been identified as important sources of future reserve and production growth for the company, according...
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GGI to launch new call this July for proposals to drive capacity building in Guyana

The Greater Guyana Initiative (GGI) will open a new call for proposals in July, inviting projects aimed at advancing...

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