A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on Tuesday.The floating production storage and offloading (FPSO) facility 'One Guyana鈥
The fourth floating production facility to be operated by a consortium led by Exxon Mobil in Guyana has departed from Singapore on its route to the South American country's waters, according to a company executive and LSEG vessel tracking data seen on Tuesday鈥
Energy industry services firm EnerMech has been selected to carry out pre-commissioning work on the ONE Guyana FPSO for Guyana Deepwater Operations, SBM 云顶赌场老虎机鈥檚 subsidiary in Guyana.The FPSO is currently on its way to Guyana, having departed Singapore in February鈥
Chinese state oil and gas company CNOOC has set its 2025 production target at a record high, between 5.6% and 8.3% above 2024's output.The offshore oil and gas specialist pumped about 720 million barrels of oil equivalent (boe) in 2024, meeting the high end of its target鈥
Guyana's fourth oil floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter next year, the CEO of U.S. producer Hess, John Hess, said on Wednesday.The firm, which alongside鈥
鈥淵ear-to-date, Guyana鈥檚 oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,鈥 says Niels Rasmussen鈥
Dutch FPSO leasing specialist SBM 云顶赌场老虎机 has completed the final module lifts at Seatrium鈥檚 shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil鈥檚 Yellowtail field offshore Guyana in early 2025鈥
France-based tubular solutions supplier for the energy market Vallourec has secured an order from ExxonMobil for the supply of line pipe for the Whiptail development, offshore Guyana.This is the fourth major order in the framework of the long-term agreement signed in 2021 with ExxonMobil Guyana鈥
Thermoplastic composite pipe (TCP) technology company Strohm has secured a contract from ExxonMobil for the supply of pipes for the Whiptail project, offshore Guyana.This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana鈥
Italian offshore energy services firm Saipem has received authorization to proceed with the execution of works for ExxonMobil鈥檚 Whiptail oilfield development project, in the Starbroek block offshore Guyana.The go-ahead from ExxonMobil Guyana鈥
SBM 云顶赌场老虎机鈥檚 floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil鈥檚 Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO鈥
A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 barrels per day (bpd) in the South American country, up from about 400,000 bpd in late 2023, the U.S. producer said at a press conference on Tuesday鈥
Guyana said it expects to receive some $2.1 billion from oil exports and $320 million from royalties this year as crude production continues to rise, an increase from the $1.62 billion received in 2023.The South American nation's gross domestic product is expected to increase by 34鈥
U.S. oil major ExxonMobil said Tuesday it had started production at Payara, Guyana鈥檚 third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. The company's third FPSO鈥
Strohm鈥檚 first deep-water/high pressure thermoplastic composite pipe (TCP) Jumper in South America has been installed, commissioned, and is up and running for ExxonMobil Guyana at its Liza field.The Jumper, incorporating advanced carbon fiber and polyamide12 materials鈥
