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Stena Carron will sail to Spain for dry-docking before returning to Guyana in December – Hess

OilNOW -
The Stena Carron drillship which has been exploring for oil in the Stabroek Block offshore Guyana is scheduled to depart for Spain for drydocking. Speaking on a 3rd quarter earnings call on Wednesday, Gregory P. Hill, President and Chief Operating...
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Guyana oil production will more than quadruple by 2023 with Liza Phase 1, 2 and Payara

OilNOW -
Rapid development and production offshore Guyana will see oil production at peak moving from 120,000 barrels of oil per day (bpd) from the Liza Phase 1 project in 2020 to a whopping 520,000 bpd after the Liza Phase 2...
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Noble Tom Madden arrives in Guyana

OilNOW -
The Noble Tom Madden drillship arrived offshore Guyana on Friday. The 752 ft vessel was contracted by ExxonMobil Guyana to undertake exploration activities in the 6.6 million acres Stabtoek Block where a record 9 discoveries have already been made,...
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ExxonMobil applying ‘Build Operate Transfer’ model for Liza Phase 2 FPSO

OilNOW -
The Build Operate transfer (BOT) model is being applied by ExxonMobil in Guyana on its high-profile Liza Phase 2 FPSO project. Given government approval, SBM Offshore will conduct fabrication, installation, lease and operation of the Liza 2 FPSO for...
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TechnipFMC awarded subsea contract for ExxonMobil Liza Phase 2 Project; commits to boosting local content

OilNOW -
TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. for the engineering of the subsea system for the proposed Liza Phase 2 project. Following engineering and subject to requisite government approvals,...
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Noble Tom Madden in Caribbean Sea on course for Guyana; ETA October 24

OilNOW -
ExxonMobil Guyana’s third drillship – the Noble Tom Madden is forging ahead on its journey to the South American country and is currently positioned just South of Jamaica in the Caribbean Sea. OilNow understands the vessel is expected to arrive...
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Ratio Petroleum gunning for oil & gas in the Philippines

OilNOW -
Ratio Petroleum Ltd., the parent company of Ratio Guyana Limited which holds a 25% interest in the Kaieteur Block in Guyana along with partners, Esso Exploration & Production Guyana Limited (35% & Operator), Cataleya Energy Limited (25%) and Hess...
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Oil galore in Guyana but not a drop found yet offshore Suriname

OilNOW -
The Guyana-Suriname Basin is said to contain 13 to 15 billion barrels of oil but so far the basin seems to be tilted in the direction of the lone English speaking country on the continent. ExxonMobil has made a...
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ExxonMobil expects FID on Liza Phase 2 within months

OilNOW -
Pending the granting of approval from the Environmental Protection Agency (EPA) in Guyana, US oil major ExxonMobil could make its Final Investment Decision on the giant Liza Phase 2 Development project within months. The company is awaiting Environmental Authorization from...
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“We do not want to send mix signals to contractors, operators” – EPA boss

OilNOW -
Guyana’s Environmental Protection Agency (EPA) and the Department of Energy must work closely to support the Government’s policy for the oil and gas sector. This is the view of the newly appointed Director of the EPA, Dr. Vincent Adams,...
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Saipem targets local content growth in logistics, fabrication for Suriname oil project

PARAMARIBO, SURINAME – Saipem is setting the stage for major local content contributions in Suriname through its work on...

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