SBM Offshore has once again delivered and put into operation another floating production storage and offloading (FPSO) vessel offshore Guyana ahead of funding schedule and at industry-leading pace. The Prosperity FPSO began oil production at the ExxonMobil-operated Stabroek Block...
Vice President of Guyana, Dr. Bharrat Jagdeo said during a recent media conference that the government wants ExxonMobil to move faster on the matter of developing the country’s growing gas assets.
“We are not pleased with the pace at which...
President of Guyana, Dr. Mohamed Irfaan Ali, announced Monday, October 30, that a local content development fund will be established as a means of helping businesses to find start-up capital to compete in industries, such as the oil and...
Petronas Suriname has announced a major oil discovery at the Roystonea-1 exploration well in block 52.
The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has...
Classification society DNV, serving as a third party, has granted a statement of qualified technology to SBM Offshore in partnership with Mitsubishi Heavy Industries (MHI) for their innovative carbon capture plant, designed for deployment on SBM Offshore's EmissionZERO® floating...
In a ceremony held on October 19, SBM Offshore Guyana announced the recipients of their Scholarship Programme for Indigenous Women in Science, Technology, Engineering, and Mathematics (STEM). Kimberly Kenyon and Graziella Abraham have been awarded full scholarships to pursue...
New half-year local content data from ExxonMobil Guyana Limited (EMGL) indicate that 1,300 Guyanese women are supporting the company's operations both on and offshore, in the South American country.
EMGL said that Guyanese represent 69% of its overall workforce.
A total...
ExxonMobil Guyana said it remains on track to complete the pipeline for the country’s Gas-to-Energy project set to come online in 2024.
Providing an update on October 17, President of the company, Alistair Routledge, said pipelaying is currently underway in...
Dutch floater specialist, SBM Offshore announced on Friday that it has been awarded contracts to perform front end engineering and design (FEED) for a floating production, storage and offloading vessel (FPSO) for ExxonMobil’s Whiptail development project in Guyana.
Following FEED...
Trinidad and Tobago's Minister of Energy Stuart Young announced on October 9 that negotiations are underway to secure gas supply from the Loran side of the Loran/Manatee gas field shared by Venezuela and the twin island republic nation.
Speaking during...
