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...
Liam Mallon, President of ExxonMobil's Upstream Company, recently highlighted significant upcoming milestones the oil major is targeting in Guyana. He sat down with OilNOW on Feb. 20 on the sidelines of the Guyana Energy Conference and Supply Chain Expo.
Mallon...
ExxonMobil Guyana Limited (EMGL) has announced plans to establish a telecommunications coastal station in the Georgetown area to support operations related to the Gas-to-Energy pipeline. The station aims to facilitate communication and monitoring efforts crucial for pipeline operations and...
A deal SBM Offshore signed with ExxonMobil can set the stage for a new cadre of terms and conditions for relationships with its clients, the company said in its 2023 annual report.
“The 10-year Operations and Maintenance Enabling Agreement (“OMEA”)...
ExxonMobil Guyana is expected to continue with pipelaying activities from the West Coast of the Demerara River toward the Stabroek Block for the Gas-to-Energy project.
Guyana’s Maritime Administration said in a notice that the shallow water pipelaying barges Stingray and...
Vice President of Guyana, Bharrat Jagdeo says the government “will live with” the result of the surprise challenge by ExxonMobil over Chevron's acquisition of Hess' stake in the Stabroek Block.
Exxon and CNOOC are asserting the right of first...
SBM Offshore announced on Feb. 29 that it delivered record level financial performance in 2023 with Directional Revenue of US$4.5 billion, over 38% above guidance. The company also maintained its future backlog at more than US$30 billion.
“Over the past...
Vice President Bharrat Jagdeo sought to defend Guyana’s hesitation to utilize Trinidad and Tobago’s natural gas facilities to process Guyana’s gas, as calls came in for collaboration between the two countries.
Trinidad’s Prime Minister Keith Rowley and Energy Minister, Stuart...
The Guyana government has received 17 proposals from companies/groups for the design, finance, construction, and operation of essential gas infrastructure to support offshore developments.
These include an affiliate of CNOOC (a Stabroek block partner), Lindsayca/CH4 (the group developing the Gas-to-Energy...
In response to the expansion of the oil and gas tax roll, the Guyana Revenue Authority (GRA) has embarked on a strategic capacity-building drive for its Petroleum Cost Recovery and Petroleum Revenue Departments.
The initiative aims to recruit a group...
