SBM Offshore completes $1.5bn financing for FPSO Jaguar construction
Dutch floating production solutions provider SBM Offshore has announced the completion of $1.5 billion in project financing for the FPSO Jaguar. The financing, facilitated by ... Read More
ExxonMobil confirms contract with SBM Offshore for FPSO Jaguar in Stabroek Block
SBM Offshore has officially announced the contract award by ExxonMobil Guyana Limited (EMGL) for the construction and installation of the Floating Production Storage and Offloading ... Read More
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
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
Oceaneering International secures contracts worth over $100m
Oceaneering International, Inc. (NYSE: OII), a leader in offshore technology services, announced that its Offshore Projects Group (OPG) has clinched two international contracts collectively valued ... Read More
Uaru oil project : ExxonMobil takes FID on fifth project on Stabroek Block
ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with ... Read More
CNOOC announces start of production at Liza Phase II project in Guyana
CNOOC said that the Liza Phase II project, the phase 2 development of the Liza oil field in the Stabroek Block in Guyanese waters has ... Read More
Saipem bags $1.1bn contracts for Scarborough and Yellowtail projects
Italian oilfield services company Saipem has bagged a couple of new offshore contracts in Australia and Guyana, with a combined worth of $1.1 billion. Under ... Read More
Hess, ExxonMobil announce Pinktail oil discovery in Guyanese waters
Hess Corporation and ExxonMobil have announced the Pinktail oil discovery on the Stabroek Block in Guyanese waters following the drilling of the Pinktail exploratory well. ... Read More