Fossil Energy – Guyana
SBM Offshore announces that FPSO ONE GUYANA produced first oil on August 8, 2025 and is formally on hire.
[Read more…] about FPSO ONE GUYANA producing and on hireSuriname to outpace Guyana in 2025 exploration activity
Fossil Energy – Suriname
According to Wood Mackenzie, Suriname is set to surpass Guyana in exploration and appraisal drilling activity in 2025.
[Read more…] about Suriname to outpace Guyana in 2025 exploration activityChevron emerges as winner in ExxonMobil dispute over Guyana Oil Field
General – Legal Battle
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 FieldFPSO for Hammerhead project
Fossil Energy – MODEC
MODEC 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 awarded new offshore contracts in Middle East and Guyana
Fossil Energy – New Contracts
Saipem 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 GuyanaGuyana to soon sign oil agreement with TotalEnergies-led group
Fossil Energy – Guyana
Guyana expects to soon sign an oil production-sharing agreement with a consortium led by France’s TotalEnergies that will allow it to explore an offshore area, Energy Minister Vickram Bharrat told Reuters.
[Read more…] about Guyana to soon sign oil agreement with TotalEnergies-led groupExxon to produce up to 180,000 bpd of oil at Guyana project
Fossil Energy – Guyana
A 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 lands major contract for ExxonMobil Guyana FPSOs
Fossil Energy – Guyana
Baker 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 secures ownership of Guyana’s first-oil FPSO
Fossil Energy – Ownership
SBM 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 FPSOFPSO Prosperity purchase by ExxonMobil Guyana completed
Fossil Energy – FPSO
SBM Offshore and ExxonMobil Guyana have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term, which would have expired in November 2025.
[Read more…] about FPSO Prosperity purchase by ExxonMobil Guyana completed