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CNOOC Limited’s Appomattox Field in GoM commences production

CNOOC Limited announced on Thursday that the Appomattox Field in the US Gulf of Mexico has safely commenced production ahead of schedule. The company said in a press release that the Appomattox Field is located approximately 128 kilometers southeast of...

Tilapia-1 ‘the big catch’ for Guyanese geoscientist Ashlika Persaud

When ExxonMobil and its joint venture partners in the Stabroek Block offshore Guyana HESS and CNOOC Nexen announced the Tilapia discovery, it was a special moment for young Guyanese geoscientist Ashlika Persaud. Not only did she work with the team...

ExxonMobil’s disposing of GoM assets draws interest from Repsol SA, Ineos

Repsol SA and UK based Ineos Group Holdings are showing interest in US oil major ExxonMobil’s selling off of oilfields in the Gulf of Mexico. According to a Bloomberg article, the assets could be worth as much as $1.5 billion....

ExxonMobil New Mexico Permian development to generate $64 billion in benefits

US oil major ExxonMobil said that its Permian Basin development in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years. Impact Data Source conducted for ExxonMobil pegged...

ExxonMobil pulls foreign staffers from Iraq

US oil major ExxonMobil has evacuated all of its foreign staff from an Iraqi oilfield west of Basra and is flying them to Dubai, Reuters reported on Saturday. The report said that the move came after the US pulled non-emergency...

CNOOC seeking coordinator to lift its share of Guyana oil

Chinese oil company CNOOC is looking for a coordinator to lift is share of oil when production gets underway at the 120,000 bpd Liza Phase 1 Development project offshore the South American country of Guyana. In a notice published in...

Hess tops 2019 list of best corporate citizens

Hess Corporation has earned a place as the No. 1 oil and gas company on Corporate Responsibility magazine’s prestigious list of 100 Best Corporate Citizens of 2019. The annual list recognizes public companies across the United States for outstanding environmental, social and governance (ESG) transparency...

Dyna-Mac awarded contract for Liza Unity topsides

Singapore-based Dyna-Mac will be working on the topside modules for the 220,000 bpd Liza Unity floating production storage and offloading vessel for ExxonMobil’s second development offshore the South American country of Guyana. According to a report in Upstream, Dyna-Mac confirmed...

14 Saipem workers hurt in fire off Azerbaijan

Italian oil and gas contractor Saipem has reported that there were several workers injured in a fire aboard a pipe-laying vessel in the Caspian See off Azerbaijan. The blast occurred at 6.30 pm on Wednesday on board the Israfil Huseynov....

SBM confirms award of Liza 2 floater contract

SBM Offshore announced on May 10 that Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana. “We are proud that...

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Deepwater to remain a core growth engine as Brazil and Guyana underpin production growth 

Deepwater oil and gas development will remain a major driver of global supply, with Brazil and Guyana expected to...