ExxonMobil Guyana, the local arm of US supermajor ExxonMobil, has acquired the FPSO Prosperity from Dutch floater expert SBM Offshore. The completion was done before the maximum lease term, which would have expired in November 2025. The purchase allows ExxonMobil Guyana to assume ownership of the...
https://splash247.com/exxonmobil-acquires-fpso-prosperity-from-sbm-offshore/
ExxonMobil Guyana has completed the purchase of the Floating Production, Storage, and Offloading (FPSO) Prosperity from SBM Offshore. The strategic acquisition, finalized ahead of schedule, marks a pivotal moment in Guyana’s…
https://gcaptain.com/exxonmobil-guyana-acquires-fpso-prosperity/
Guyana and Suriname are poised to become significant players in the liquefied natural gas (LNG) industry, according to a recent report by Wood Mackenzie. The report, titled “Can Guyana and…
https://gcaptain.com/guyana-and-suriname-emerge-as-promising-lng-suppliers-wood-mackenzie-says/
Guyana has taken a significant step in expanding its offshore oil and gas production, with energy giants TotalEnergies, Qatar Energy, Petronas, Cybele Energy, Delcorp, and International Group Investment securing production…
https://gcaptain.com/guyana-moves-to-diversify-offshore-energy-production-as-oil-exports-leap/
HOUSTON, July 18 (Reuters) – Exxon Mobil’s legal bid to stop Chevron’s proposed $53 billion acquisition of Hess rests on whether the transaction would involve a change of control of Hess’ prize subsidiary in Guyana, according to people…
https://gcaptain.com/exxon-clash-with-chevron-hinges-on-change-of-control-of-hess-guyana-asset/
The keel of a new floating production storage and offloading unit (FPSO) has been laid at the facilities of Chinese shipbuilder Dalian Shipbuilding Industry Company (DSIC). The FPSO will be named Errea Wittu. Following delivery, it will be deployed by ExxonMobil Guyana approximately 200 kilometres...
Every day, the world uses around one hundred million barrels of oil. The term “big oil” is used pejoratively to describe the industry’s lobbying power. But is big always better? This week, we look at both the biggest and the best, and the biggest and the worst of the oil industry. Big finds:...
By Georgina McCartney HOUSTON, May 5 (Reuters) – As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the…
https://gcaptain.com/big-oils-embrace-of-deepwater-exploration/
Ahead of this week’s meeting of its legal committee, the secretariat at the International Maritime Organization (IMO) has warned about two shipping registries it deems are fraudulent. Flags being administered allegedly on behalf of Guyana and Eswatini have come in for criticism. Despite the...
https://splash247.com/imo-highlights-two-fraudulent-shipping-registries/
Offshore contracting giant TechnipFMC has been awarded a contract in Guyana’s Stabroek Block by US supermajor ExxonMobil to supply subsea production systems for the Whiptail project. TechnipFMC will provide project management, engineering, and manufacturing to deliver 48 subsea trees and associated...
https://splash247.com/technipfmc-bags-work-on-exxons-sixth-guyana-project/