Showing results for:

Exxon to fund Guyana US$1.2M to support audit of Uaru operations

ExxonMobil Corporation’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL), is required to submit US$1.2 million to the Guyana government to support its audit of drilling and production operations at the Uaru project. This was outlined in the Petroleum Production...

MODEC proceeding with first major Exxon deepwater project in 20 years, off Guyana’s coast

Mitsui Ocean Development & Engineering Company Inc. (MODEC) said on Monday it will proceed with engineering, procurement, construction and installation (EPCI) of the Uaru Floating Production, Storage, and Offloading (FPSO) vessel following a final investment decision on the project by ExxonMobil Guyana...

Guyana can tap multi-million-dollar LNG opportunities with Gas-to-Energy project – MP

Guyanese Member of Parliament (MP), Jermaine Figueira believes the imminent Gas-to-Energy Project will be a game-changer for the South American producer as it is intended to provide a reliable and affordable source of energy for domestic consumption while facilitating...

Significant bump in traffic seen at Guyana Pavilion as OTC returns

Traffic at the Guyana Pavilion at the Offshore Technology Conference (OTC) has been the highest ever to date, according to Georgetown Chamber of Commerce and Industry (GCCI) President, Kester Hutson.  Hutson is leading a delegation of member companies to the...

Exxon Guyana drilling operations providing exciting opportunity for Noble 

Offshore drilling contractor, Noble Corporation plc, said it has been awarded a significant additional backlog commitment from ExxonMobil Guyana under its Commercial Enabling Agreement (CEA).  The contract duration was extended for four drillships operating under the CEA, from Q4 2025...

Saipem Constellation, FDS2 vessels to commence final phase of Uaru field development

With the Uaru development plan (FDP) finalised, oilfield giant Saipem has been given the green light by ExxonMobil Guyana to commence the final phase of the subsea work for the Stabroek Block project.  Saipem said the awarded scope of work...

Guyana gov’t disagrees with Court on Exxon’s insurance obligations for offshore operations

The Guyana government and the Environmental Protection Agency (EPA) are set to appeal a recent Guyana Supreme Court ruling that determined that the EPA and ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL), breached the terms of the...

Revision of Liza development plan complete – Jagdeo

Guyana's Vice President Dr. Bharrat Jagdeo said April 27 that the review of the field development plan for the Liza project has been completed, to give effect to the Gas-to-Energy (GTE) project.  “The field development plan for Liza has been...

Uaru development to be first use of TechnipFMC’s Subsea 2.0™ system by ExxonMobil

Oil and gas engineering firm TechnipFMC has been awarded a large contract to provide the subsea production system for ExxonMobil Guyana's Uaru project. The contract covers the supply of 44 subsea trees, 12 manifolds, and associated equipment. This is the...

Exxon’s Texas refinery now second largest in US

American multinational, ExxonMobil Corporation disclosed on April 28 that its Beaumont refinery in Texas is now the second largest in the United States (US) on account of a 250,000 barrel-per-day expansion project. The refinery now has a processing capacity...

Latest News

Trinidad PM’s ‘deadly force’ warning to Venezuela sparks concern from Young about gas project

Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar has warned that deadly force will be used against unidentified vessels entering...