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SBM Offshore, ExxonMobil discussing extending lease durations for Guyana FPSOs

OilNOW -
SBM Offshore and U.S. oil major ExxonMobil are in discussions regarding the extension of the lease and operate durations for the floating production storage and offloading vessels (FPSOs) targeting oil production at the Stabroek block offshore the South American...
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Oil companies pumped US$8.1 billion into Guyana between 2015-2019 – Analyst

OilNOW -
Despite challenges both at the global and domestic levels, investment in Guyana’s oil and gas sector has remained robust in recent years. In fact, Americas Market Intelligence Co-Director, Arthur Deakin has pointed out that between 2015 and 2019, oil...
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Lessons learnt from gas compression issue being factored into construction of other Guyana FPSOs

OilNOW -
With the commissioning of the gas compression system on the Liza Destiny FPSO and reduction of flaring to pilot levels, ExxonMobil says the lessons learnt from the issue which resulted in a prolonged period of flaring are being factored...
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Monitoring crude lifts was part of major focus for Guyana standards bureau this year

OilNOW -
The Guyana National Bureau of Standards (GNBS) says 2020 has been a successful year ranging from its responsibility to monitor the million-barrel oil lifts offshore to prepping companies onshore for opportunities in the oil and gas sector. According to a...
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Guyana oil output hits 120,000 bpd as country celebrates 1st anniversary as producer

OilNOW -
Today marks one year since Guyana began producing oil. ExxonMobil Guyana said it is celebrating this significant milestone as the Liza Destiny floating production storage and offloading (FPSO) vessel reached full capacity of 120,000 barrels of oil per day...
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One year later Guyana now firmly established as an oil producer

OilNOW -
Exactly 12 months have gone by since Guyana produced its first barrel of oil at the offshore Stabroek block where US oil major ExxonMobil is operator. This milestone came just under five years from the world-class Liza discovery in...
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ExxonMobil building strong partnerships, sees Guyana capacity growing – Routledge

OilNOW -
Building strong partnerships with key stakeholders in Guyana and supporting the development of local business have been areas of special interest for ExxonMobil in its operations in the South American country. This is according to President of ExxonMobil Guyana, Alistair...
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Guyana and Suriname among countries expected to dominate 2021 licensing rounds

OilNOW -
The award of oil and gas acreage in 2021 is expected to be dominated by countries like Guyana and Suriname which, like just a handful of some other territories, have captured high interest in the industry over the last...
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Guyana and Suriname could help oil companies transition towards cleaner energy

OilNOW -
By Arthur Deakin Royal Dutch Shell, the third-largest oil company in the world, saw several clean energy executives quit after disagreeing about the speed of the company's energy transition. The Financial Times reported that the departing executives wanted to see...
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ExxonMobil’s South America bonanza grows

OilNOW -
(Forbes) After announcing discovery after discovery from its massive Stabroek Block offshore the tiny South American nation of Guyana over the past three years, ExxonMobil announced on Friday that it has struck South American oil and gas once again,...
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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...

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