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Partners fast-tracking second Liza FPSO

ExxonMobil is fast-tracking a second floater project for Guyana’s Liza area development amid suggestions that the next unit will be significantly larger than the 120,000-barrels-per-day Liza-1 unit. According to an Upstream report, plans for a second floating production, storage and...

Exxon hit early jackpot by drilling “biggest, best prospects first” – Mc Gehee

ExxonMobil made the decision to begin drilling for oil in Guyana at the Liza field since this prospect was the biggest and best, based on data analysed by the company. By the time the oil major acquired rights to explore...

Noble to begin drilling Liza phase 1 wells in 2018

ExxonMobil has contracted Noble Corporation for drilling of the Liza Phase 1 development wells set to begin in 2018. OilNOW understands the Noble Bob Douglas drill ship will begin its campaign by Q2 2018 and the contract is expected to...

Guyanese crew members get thumbs-up for safety onboard Chouest vessels

Several Guyanese crew members working onboard the Edison Chouest MV Cat Island, Fast Titan and Hannah Chouest vessels have been recognized for their safety performance. The El Dorado Offshore employees were recognized by ExxonMobil through the company’s Catch of the...

CNOOC/Nexen Q3 2017 Highlights

Headquarters 801 - 7th Avenue S.W. Calgary, Alberta, Canada T2P 3P7 (403) 699-4000 Website: www.nexencnoocltd.com CNOOC/Nexen Q3 2017 Highlights For the third quarter of the year, the Company achieved a total net production of 116.2 million barrels of oil equivalent ("BOE"), representing a decrease of...

Hess Q3 2017 Highlights

Headquarters 1185 Avenue of the Americas New York City, New York Exploration and production: 1501 McKinney Street Houston, Texas Website: www.hess.com Hess Q3 2017 Highlights Net loss was $624 million, or $2.02 per common share, compared with a net loss of $339 million, or $1.12...

SBM seeking manpower services for Liza Destiny as conversion of VLCC begins

SBM offshore subsidiary; Guyana Deep Water Operations Inc. (GDO), is inviting companies to bid for the provision of manpower services for the operation of the Liza Destiny FPSO, scheduled to arrive in Guyana late 2019. GDO said via a public...

Hess says production halted at several locations following Gulf of Mexico fire

Hess Corporation (NYSE: HES), a 30 percent stakeholder in the Stabroek Block offshore Guyana, said on Monday that production has been halted at several locations resulting from a fire at the Shell Enchilada platform in the Gulf of Mexico. Shell advised in a statement on Nov....

Africa Oil enters partnership with Eco Atlantic for Guyana, Namibia acreages

Africa Oil Corp. says it has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. for exploration in Guyana and West Africa. Under the terms of an investment agreement, AOC has agreed to acquire a 19.77%...

VLCC for Liza Destiny conversion to arrive in Singapore this month

SBM Offshore expects the Very Large Crude Carrier (VLCC) for ExxonMobil’s Liza project offshore Guyana to sail into Keppel Shipyard in Singapore later this month, for conversion to an FPSO. The program should get under way later this year. The shipyard’s work scope includes refurbishment...

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MODEC spent US$3.4 million with Guyanese suppliers in 2024

Japanese company MODEC reported in a press statement today that it spent US$3.4 million procuring goods and services from...