EXCLUSIVE Exxon in talks to build fourth oil production rig for Guyana

(Reuters) - Exxon Mobil (XOM.N) is in discussions with Dutch contractor SBM Offshore NV (SBMO.AS) to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said. The talks include the potential for some future platform assembly in Guyana, the people said. Guyana hopes to develop an oil industry infrastructure to... Continue Reading →

TGS, BGP, CGG kick off 3D seismic survey off Suriname

A consortium of TGS, CGG and BGP has commenced the acquisition for Phase 1 of the Suriname 3D project. Last month, the seismic trio signed a multi-client agreement with Suriname’s national oil company Staatsolie for multi-client seismic programs. The new seismic data from the consortium’s multi-client programs will be instrumental in accurately delineating the prospectivity and potential of this... Continue Reading →

Shell committed to explore hydrocarbons in Africa

(Reuters) - Royal Dutch Shell (RDSa.L) is currently committed to exploring in Africa for hydrocarbons and doing so fits the company's purpose, its exploration manager for deepwater Africa Benjamin Mee said on Wednesday at an industry event. More than 80% of Shell's exploration will be focused on core positions with an emphasis on deepwater and the company... Continue Reading →

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