WATCH: SBM Offshore’s FPSO Prosperity entering drydock in Singapore

SBM Offshore’s FPSO Prosperity, destined to operate for ExxonMobil offshore Guyana, has reached another milestone after entering drydock at a yard in Singapore. FPSO Prosperity; Source: SBM Offshore The hull for the FPSO Prosperity, the third production unit to operate … Read More

ExxonMobil’s resource estimate for Guyana block rises to 10 billion barrels

Oil major ExxonMobil has increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels following its latest discovery. The updated resource estimate includes a new discovery at the Cataback-1 well, … Read More

Exploration well off Guyana on track to reach total depth in December

Following the spud in August 2021, the Kawa-1 exploration well, located offshore Guyana, is on track to reach total depth in the first half of December 2021. So far, the well results are consistent with pre-drill geological and geophysical expectations. … Read More

ExxonMobil makes 20th discovery on Stabroek as new Liza FPSO heads to Guyana

U.S. oil major ExxonMobil has revealed a new discovery has been made at the Pinktail well in the Stabroek Block offshore Guyana. Furthermore, an FPSO for the second phase of Exxon’s Liza development has started its journey from Singapore to … Read More

Guyana JV spuds ‘one of the most exciting exploration wells in the world’

The Kawa-1 exploration well, located on the Corentyne block offshore Guyana, has been spud, using the Maersk Discoverer semi-submersible rig. The Kawa-1 well is located on the Corentyne Block where CGX Energy is the operator and Frontera Energy is its … Read More

PGS wins 4D acquisition contract offshore Guyana

Norway-based Petroleum Geo-Services (PGS) has secured a 4D acquisition contract from ExxonMobil for work offshore Guyana. Illustration. Source: PGS The company said it will mobilize one of its Titan class vessels for the project in Q4 2021. The acquisition is … Read More

ExxonMobil hopes to repair faulty Guyana FPSO before mid-2021

Oil major ExxonMobil is still working to resolve ongoing technical challenges and design issues on its Liza Destiny FPSO, operating offshore Guyana, as it awaits the arrival of a key component that will allow the continuation of normal operations. The  … Read More

Remazel to supply mooring and riser for Prosperity FPSO

Italian engineering firm Remazel Engineering has been chosen as the supplier of the complete mooring tensioning system and riser pull-in package for the Prosperity FPSO being built by SBM Offshore. Remazel said via social media on Wednesday that the riser … Read More

ExxonMobil successful again – more oil found off Guyana

U.S. supermajor ExxonMobil has made another oil discovery offshore Guyana with the Uaru-2 well in the Stabroek Block. ExxonMobil said on Tuesday that Uaru-2 would add to the previously announced gross discovered recoverable resource estimate for the block, which is … Read More

Disappointed ExxonMobil forced to curb output on Guyana FPSO

Oil major ExxonMobil has revealed its disappointment with the performance of the Liza Destiny FPSO, operating on the Liza field off Guyana, following technical issues, which forced it to reduce output to a minimum. Offshore Energy has reported on this … Read More