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Exxon and the Liza legacy: A decade of oil development in Guyana

Shikema Dey -
Liza was the biggest, best prospect in a basin with zero discoveries. It kicked into gear the development of what is now known as one of the world’s prolific deepwater assets, the Stabroek Block. It is now 10 years...
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SBM Offshore to deliver three FPSOs in 2025 amid strong market demand 

OilNOW -
SBM Offshore said it is on track to bring three major FPSOs online in 2025, with FPSO Almirante Tamandaré, FPSO Alexandre de Gusmão, and FPSO ONE GUYANA progressing steadily toward key milestones. Chief Executive Officer, Øivind Tangen, confirmed this in...
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ABS grants approval to SBM Offshore’s low-carbon NearZero FPSO design

OilNOW -
SBM Offshore announced on May 7, it has received approval in principle from the American Bureau of Shipping (ABS) for its NearZero floating production, storage and offloading (FPSO) concept. The design features a range of low-carbon technologies aimed at slashing...
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Guyana on course to hit almost 1 million barrels of oil per day as 4th FPSO arrives 

Shikema Dey -
The start-up of ExxonMobil’s Yellowtail Development in the Stabroek Block draws near as the ONE GUYANA floating production, storage and offloading vessel (FPSO) officially arrived in country today.  On the vessel’s arrival, Minister of Natural Resources, Vickram Bharrat, shared, “The...
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Hess maintains potential for up to 10 FPSOs offshore Guyana

OilNOW -
Hess Corporation said in its 2024 annual report that potential remains for up to 10 floating, production, storage and offloading vessels (FPSOs) offshore Guyana, as operator ExxonMobil progresses with a multi-phased development plan in the South American nation. To date,...
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Cobalt Nova tanker takes double-lift from Guyana’s Liza field to Panama 

Kemol King -
A very large crude carrier (VLCC), the Cobalt Nova, executed a double lift offshore Guyana, transporting two million barrels of oil to Panama, marking another instance of back-to-back cargo loading from the ExxonMobil-operated Stabroek Block this year. The Cobalt Nova...
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EnerMech secures pre-commissioning contract for ONE GUYANA FPSO

OilNOW -
EnerMech has been selected by SBM Offshore to perform pre-commissioning work on the ONE GUYANA floating production, storage and offloading (FPSO) vessel. The FPSO will arrive in Guyana this year. EnerMech said it executed pre-commissioning work for all three FPSOs...
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Baker Hughes awarded supply contract by ExxonMobil for Guyana FPSOs 

OilNOW -
ExxonMobil Guyana has awarded a contract to energy technology company Baker Hughes to supply specialty chemicals and related services to its Uaru and Whiptail offshore greenfield developments in Guyana’s Stabroek block.  Baker Hughes said the multiyear contract includes all topsides,...
News

Consultant report key to gov’t decision on Liza Unity’s optimization plans  

Shikema Dey -
The Guyanese government is awaiting a report from independent consultant IKM Acona AS before deciding on ExxonMobil’s plans to optimize the Liza Unity floating production, storage, and offloading (FPSO) vessel.  IKM Acona provides comprehensive consultancy and project management services to...
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Six FPSOs targeting over five billion barrels of oil at Stabroek Block – Hess

OilNOW -
Hess Corporation has revealed that nearly half of the Stabroek Block’s massive 11.6-billion-barrel reserve will be tapped with six production vessels.  “With the six ships that we have already sanctioned, we're going to be developing over five billion barrels of...
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SLB acquires ChampionX as it strengthens production and recovery capabilities

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