ExxonMobil advances Whiptail development with $12.7bn investment in Guyana
ExxonMobil has announced a final investment decision on the Whiptail development project located offshore Guyana in the Stabroek block, marking a major advancement in the ... Read More
ODYSEA, Subsea7 deploy Proxxima technology on Gulf of Mexico pipeline
ODYSEA has announced a landmark achievement in offshore pipeline installation, employing its cutting-edge Goldilocks (GDLX) insulation technology, powered by ExxonMobil's Proxxima polyolefin thermoset resin systems. ... Read More
Esperanza Capital and Andros Capital secure strategic ExxonMobil assets in Gulf of Mexico
Esperanza Capital Partners (ECP) and Andros Capital Partners LLC (Andros) have announced a definitive agreement to acquire assets in the Ursa and Princess Fields (Ursa) ... Read More
Mexico Pacific secures third LNG deal with ExxonMobil for Saguaro Energia
In a pivotal development for the global LNG market, Mexico Pacific has signed a third long-term Sales and Purchase Agreement (SPA) with ExxonMobil LNG Asia ... Read More
TGS completes record-breaking marine surveys for ExxonMobil in Guyana
TGS, a global leader in energy data and intelligence, has announced the successful completion of a groundbreaking series of marine Ocean Bottom Node (OBN) surveys ... Read More
Saipem secures major offshore contracts in Guyana and Brazil valued at $1.9bn
Saipem, a renowned player in the energy sector, has recently been awarded two significant offshore contracts totaling approximately $1.9 billion. This monumental achievement not only ... Read More
Payara oil field : ExxonMobil launches production to boost Guyana’s oil output to 620,000bpd
ExxonMobil has initiated production at the Payara oil field, Guyana's third offshore oil development on the Stabroek Block. This major move elevates the total production ... Read More
SBM Offshore completes sale of FPSO Liza Unity to ExxonMobil Guyana for $1.26bn
SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have successfully completed a significant transaction involving the FPSO Liza Unity. The deal, finalized ... Read More
ExxonMobil completes $4.9bn acquisition of Denbury to expand low carbon solutions
Exxon Mobil Corporation (ExxonMobil) has successfully completed the acquisition of Denbury Inc. (NYSE: DEN) in an all-stock transaction valued at a substantial $4.9 billion, equivalent ... Read More
Petronas strikes oil in offshore Block 52 with Roystonea-1 well discovery
In a significant advancement for Suriname's hydrocarbon sector, Petronas has announced a new oil discovery within offshore Block 52 following the successful drilling of the ... Read More