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SBM Offshore on track to meet FPSO delivery deadlines despite pandemic

In an update on its new build activities, Dutch contractor SBM Offshore said it remains on track to deliver its floating production, storage and offloading (FPSO) vessels by agreed-upon deadlines. This is in spite of setbacks from the COVID-19 pandemic...

Technology at core of Exxon’s deepwater operations in Guyana – Upstream President

Technology is a major facet in oil and gas development and remains an integral part of ExxonMobil’s deepwater operations in Guyana’s offshore Stabroek Block. Liam Mallon, President, ExxonMobil Upstream Company attested to this during an exclusive interview with OilNOW. “…at the...

Exxon impact studies cater for higher production at projects offshore Guyana

ExxonMobil's projects offshore Guyana are guided by environmental impact assessments (EIA) which consider the potential impacts of oil production beyond the design capacity.  These EIAs form part of the pool of documents which are reviewed and approved by regulators, before...

DOF Subsea snags US$19M contract for SURF project offshore Brazil

DOF Subsea Brasil has secured a charter for its remotely operated vehicle (ROV) support vessel, Geoholm. DOF said that the 85.7-metre-long vessel and its ROV will be used for a 'major' subsea umbilical, riser, and flowline (SURF) project offshore Brazil.  The...

Guyana’s new model PSA to be finalised soon, will be made public – Bharrat

The first draft of Guyana’s new model Production Sharing Agreement (PSA) is expected to be finalised in the coming week, said Minister of Natural Resources, Vickram Bharrat. The government had touted a February date for its release but that is...

Guyana gov’t banking on earnings from sale of NGLs to repay Exxon for Gas-to-Energy project

Guyana will owe ExxonMobil and its co-venturers US$1 billion for the cost of the pipeline and associated infrastructure that it has been charged with developing for the Gas-to-Energy project. And according to Vice President Dr. Bharrat Jagdeo, this project...

Guyana FPSOs more reliable than anything we have in upstream portfolio – Exxon official

The reliability of the floating production, storage and offloading vessels (FPSOs) in the ExxonMobil-operated Stabroek Block, remains unmatched. So said its Upstream President Liam Mallon during an interview with OilNOW. “…these facilities are running as reliable or more reliable than...

New edition of Guyana Energy Brief launched; country’s growth rate ‘beyond remarkable’ says President

As thousands converged at the Marriott Hotel for the International Energy Conference and Expo 2023 last week, the Government of Guyana launched its Guyana Energy Brief 2023. The Magazine outlines Guyana’s Energy Outlook, Transformation of the Upstream Market, Growth of...

Interview with Exxon’s Liam Mallon premieres today on OilNOW

Liam Mallon, President of ExxonMobil Upstream Company sat down with OilNOW last week in Georgetown, Guyana to discuss the company’s operations in the South American country where it has so far found around 11 billion barrels of oil equivalent...

Exxon seeking onshore/offshore emergency medical services for Guyana operations

ExxonMobil Guyana is planning to put in place agreements for the provision of general and emergency medical services as its operations in the South American country continue to rapidly expand. According to two public Requests For Information (RFI), EEPGL is...

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GranMorgu FPSO construction hits 27% as Suriname targets first oil by 2028

Construction of the floating production, storage and offloading (FPSO) platform for Suriname’s GranMorgu project has reached 27%, state oil...