TechnipFMC wins large contract with ExxonMobil for work off Guyana
TechnipFMC (NYSE: FTI) (PARIS: FTI) has bagged a major contract with ExxonMobil (NYSE: XOM) for work in the Stabroek block, offshore Guyana.
Guyana
Exxon’s Sapote-1 well disappoints
ExxonMobil has drilled the Sapote-1 well, offshore Guyana, but failed to find commercial hydrocarbons.
Stabroek hits 10 billion barrel mark with new find
A 21st discovery on the Stabroek block has increased the gross discovered recoverable resource to 10 billion barrels of oil equivalent.
Keppel delivers Guyana’s second FPSO
Singapore yard Keppel Offshore &Marine (Keppel O&M) has delivered a mega floating storage and offloading (FPSO) vessel dubbed Liza Unity to SBM Offshore that will process oil from the prolific Stabroaek Block offshore Guyana.
Exxon eyes Guyana growth with further discoveries
ExxonMobil has made a discovery at the Pinktail well, on Guyana’s offshore Stabroek Block.
Exxon spuds well on Guyana’s Canje Block
ExxonMobil has spudded the Sapote-1 well on Guyana’s offshore Canje Block.
Maersk Drilling bags contract extension off Guyana
Maersk Drilling has landed a contract extension off Guyana, keeping its Maersk Discoverer rig fully booked into 2022.
Whittaker Engineering: UK has ‘perfect opportunity’ with market in Mexico
More than a decade since launching its business in Mexico, Whittaker Engineering is still, quite literally, finding new routes to explore.
Balmoral renewables ‘evolution’ brings Europe and Far East export targets
New export markets in renewables are on the cards for Balmoral Group, typically known for its oil and gas buoyancy tech, as its product offering “evolves”.
ExxonMobil announces Whiptail oil discovery off Guyana
ExxonMobil has announced a “significant” oil discovery at the Whiptail field off Guyana.
Guyana can come to terms with its extraordinary new oil wealth
I took part recently in the fourth annual Aberdeen Guyana Gateway event hosted by Granite PR, Brett Jackson’s public relations firm, which brought together some of the key players in that country and its developing oil industry.
Exxon’s Jabillo disappoints, Sapote up next
ExxonMobil has drilled a disappointing well offshore Guyana that failed to encounter commercial hydrocarbons.
Record interest in exploring Guyana opportunities
An international networking event focused on exploring business opportunities in Guyana has attracted record levels of interest.
Hess’ latest pact with Petronas lays foundation for potential Malaysia exit
Petronas and Hess have agreed amendments to an existing upstream gas sales agreement for fields offshore Malaysia that cements the value of the US-based company’s North Malay Basin assets. This makes any potential divestment process easier as Hess focuses on its prolific acreage offshore Guyana.
ExxonMobil celebrates new discovery at Longtail-3 offshore Guyana
ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana.
IMF tips oil rich Guyana to be world’s fourth-largest growing economy in 2021
A global financial institution has forecasted that Guyana’s economy will be among the frontrunners for growth this year.
Exxon rebounds to first profit since 2019 on crude surge
Exxon Mobil snapped a record streak of losses as rising oil and natural gas prices bolstered one of the biggest dividends in the S&P 500 Index.
ExxonMobil makes Uaru-2 discovery off Guyana, boosting estimates beyond 9 billion barrels
ExxonMobil has announced a discovery at the Uaru-2 well off Guyana, taking resources in the region beyond the already massive estimate of nine billion barrels.
First oil shipment from Guyana to India sets sail
The first shipment from new oil producer Guyana to the world's third-largest crude importer, India, departed this month from the South American nation in a ship chartered by trader Trafigura, data from Refinitiv Eikon showed on Tuesday.
Ineos to acquire Hess oil and gas assets in Denmark for $150million
Ineos has announced a $150million (£108m) deal to buy the oil and gas assets of Hess Corporation in Denmark.
Bulletwood fails to land for Exxon
ExxonMobil’s Bulletwood-1 well offshore Guyana found reservoirs but no commercial hydrocarbons.
Updated: Stena Drilling launches petition urging UK quarantine exemption for oil workers
An Aberdeen-based drilling contractor has launched a petition urging the UK Government to give oil workers returning from overseas a full quarantine exemption.
SBM ups dividend after job cuts
SBM Offshore had a tough year, increasing its dividend by 10%, while cutting around 600 jobs.
Guyana-Suriname sees rig ‘demand surge’ as region bucks global trend
The Guyana-Suriname basin is helping drive a “surge” of oil rig demand in South America, bucking the global trend of depressed activity, according to new analysis.
Solar PV better option than oil, Eco Atlantic says
Namibia and Guyana-focused explorer Eco Atlantic has announced a move into renewables, in southern Europe.