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Seatrium gets topsides fabrication and integration award for Jaguar FPSO

OilNOW -
Seatrium Limited said it was awarded a contract by Single Buoy Moorings Inc, a SBM Offshore company, for the topsides fabrication and integration of the Jaguar floating production, storage and offloading (FPSO) vessel destined for Guyana.  Seatrium’s scope of work...
News

Successful delivery of Prosperity, Sepetiba FPSOs boosts SBM Offshore’s Q1 revenue

OilNOW -
SBM Offshore reported a strong performance in its first quarter results for 2024, with revenues driven by the successful delivery and operation of the Prosperity and Sepetiba floating production, storage and offloading (FPSO) vessels to Guyana and Brazil. Øivind...
News

Another first: ExxonMobil’s Liza Unity gets ABS remote control notation

OilNOW -
The American Bureau of Shipping (ABS) has awarded the world’s first REMOTE-CON Notation to the Liza Unity floating production, storage and offloading (FPSO) vessel, it said in a May 7 release. Dutch floater specialist SBM Offshore delivered the vessel...
News

Exxon targets increased production at Liza 2 and Payara

OilNOW -
ExxonMobil Guyana President Alistair Routledge related plans to optimize production at two Stabroek Block projects (Liza 2 and Payara) with debottlenecking activities. During a recent press conference, the official said that planned production optimization activities for the Payara project will...
News

July-August period for Liza projects shutdown – Exxon 

OilNOW -
ExxonMobil’s scheduled shutdown of the Liza Destiny and Liza Unity floating production, storage and offloading (FPSO) vessels to facilitate the Gas-to-Energy project pipeline hookup will occur sometime in July-August.  Country President, Alistair Routledge disclosed same at an April 30 press...
News

SBM Offshore secures US$250 million term loan to begin construction work on new Guyana-bound FPSO

OilNOW -
SBM Offshore said it has secured a US$250 million term loan facility to commence construction work on the Jaguar floating production, storage, and offloading (FPSO) vessel.  The tenor of the bridge loan is twelve months with an extension option for...
News

SBM Offshore on track to deliver ‘near zero emission’ FPSO to market in 2025

OilNOW -
Bruno Chabas, Chief Executive Officer (CEO) of SBM Offshore, says the company is on track to deliver a near zero emission floating production, storage and offloading (FPSO) vessel next year. “The carbon capture solution developed in partnership with Mitsubishi Heavy...
News

Exxon’s 4th Guyana FPSO leaves drydock; now moored along integration quayside at Singapore yard

OilNOW -
SBM Offshore announced on Feb. 21 that the ONE GUYANA floating, production storage and offloading vessel (FPSO) has left drydock. OilNOW understands the vessel is now moored along quayside at the Seatrium yard in Singapore. It is the fourth...
News

ExxonMobil’s Liza projects cop excellence award

OilNOW -
ExxonMobil's Liza projects have been honored with the International Petroleum Technology Conference (IPTC) Excellence in Project Integration Award, recognizing outstanding achievements in executing oil and gas projects.  The award, presented during the 2024 IPTC in Dhahran, Nepal, highlighted the company's...
News

Prosperity FPSO achieves background flare in record 39 days

OilNOW -
Guyana’s third oil production vessel - Prosperity - has achieved background flare in a record 39 days, according to an announcement by ExxonMobil Guyana Limited (EMGL) on Wednesday.  EMGL said the accomplishment marks a significant milestone in the company’s commitment...
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Look beyond the barrels for the success of Guyana’s oil industry – Ali 

President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just the...

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