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Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.
[Read more…] about Chevron emerges as winner in ExxonMobil dispute over Guyana Oil FieldExxonMobil, in partnership with operator TotalEnergies, Equinor, Azule Energy and Sonangol, has signed a production-sharing contract (PSC) extension for Block 17, one of Angola’s most prolific offshore oil blocks.
[Read more…] about ExxonMobil extends Angola’s Block 17 PSCU.S. oil producer Hess Corp has decided to withdraw from Suriname’s offshore Block 59, the South American nation’s state oil firm Staatsolie said.
[Read more…] about Hess to exit Suriname offshore oil blockMODEC has been awarded a contract by ExxonMobil Guyana to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project.
[Read more…] about FPSO for Hammerhead projectSaipem has been awarded new contracts in the Middle East and Guyana, totaling approximately 720 million USD.
[Read more…] about Saipem awarded new offshore contracts in Middle East and GuyanaA consortium led by U.S. major Exxon Mobil plans to produce up to 180,000 barrels per day (bpd) of oil and 95 million cubic feet per day (mmcfd) of gas at its seventh project in Guyana, Hammerhead.
[Read more…] about Exxon to produce up to 180,000 bpd of oil at Guyana projectBaker Hughes has secured a significant award from ExxonMobil Guyana to provide specialty chemicals and related services for its Uaru and Whiptail offshore greenfield developments in Guyana’s prolific Stabroek Block.
[Read more…] about Baker Hughes lands major contract for ExxonMobil Guyana FPSOsExxonMobil Egypt discovered hydrocarbons in the Nefertari-1 exploratory well in North Marakia block, about 5 miles offshore Egypt.
[Read more…] about ExxonMobil discovers gas offshore EgyptSBM Offshore and ExxonMobil Guyana have completed the transaction related to the purchase of FPSO Liza Destiny, ahead of the maximum lease term, which would have expired in December 2029.
[Read more…] about ExxonMobil secures ownership of Guyana’s first-oil FPSOExxonMobil Exploration & Production Suriname has formally notified Staatsolie that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.
[Read more…] about ExxonMobil withdraws from Block 52 Suriname
