ExxonMobil Guyana has awarded Strohm a TCP “Jumper On Demand” contract for the supply of TCP for the Whiptail project. This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana, following previous awards for the Yellowtail and Uaru projects. This latest award marks the largest commercial award for pipe supply in... Continue Reading →
Saipem Gets Go-Ahead for ExxonMobil’s Guyana Oil Development
(OE) Italian offshore energy services firm Saipem has received authorization to proceed with the execution of works for ExxonMobil’s Whiptail oilfield development project, in the Starbroek block offshore Guyana. The go-ahead from ExxonMobil Guyana Limited has been granted following the final project sanction by the client and its coventurers and to the necessary regulatory clearances.... Continue Reading →
Miko Marine Gets MODEC’s Errea Wittu FPSO Job
(OE) Norwegian company Miko Marine has secured a contract from Offshore Frontier Solutions, a MODEC Group company, for the supply of sea inlet covers for its new floating production storage and offloading (FPSO) Errea Wittu, being built for ExxonMobil. Miko will supply two sea chest covers and two sets of pipe covers. The covers use... Continue Reading →
SBM Offshore Awarded Contracts for ExxonMobil Guyana’s FPSO Jaguar
SBM Offshore is pleased to announce that ExxonMobil Guyana Limited (“EMGL”) has confirmed the award of contracts for the Whiptail development project located in the Stabroek Block in Guyana. Under these contracts, SBM Offshore will construct and install FPSO Jaguar. Ownership will transfer to EMGL prior to the FPSO’s installation in Guyana, and SBM Offshore... Continue Reading →
EIG and Lake Capital Investimentos complete acquisition of Ocyan
(TN) EIG, a leading American global fund in the energy and infrastructure sectors, and Lake Capital Investimentos, the resource management division of Lakeshore Partners, focused on the energy and infrastructure sectors, announced to the market that they have completed the acquisition of Ocyan Partipações S.A. ( "Ocyan" or "Company"), a Brazilian provider of solutions for... Continue Reading →
Enauta recorded production of more than 2.3 million barrels of oil equivalent in the first quarte of 2024
(PN) Enauta recorded total production of 745 thousand barrels of oil equivalent in March 2024 and more than 2.3 million barrels of oil equivalent in the first quarter of this year. The company's average production between January and March was 25,500 barrels of oil equivalent per day, an increase of approximately 70% compared to the... Continue Reading →
Yinson Holds Naming Ceremony for Brazil-Bound ‘Greener’ FPSO
(OE) Yinson Production has held the naming ceremony for FPSO Maria Quitéria which will deployed in at Petrobras’ Jubarte field offshore Brazil. The naming ceremony for the FPSO Maria Quitéria was held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on April 3, 2024. FPSO Maria Quitéria is a conversion project with a production... Continue Reading →
Petrobras rejects proposals from BW and Ocyan and cancels tender for new Albacora FPSO
(PN) Petrobras decided to cancel the tender for chartering a new platform ship (FPSO) for the Albacora field, in the Campos Basin. Two companies submitted proposals: Norwegian BW Offshore (US$ 1.2 billion) and Brazilian Ocyan (US$ 1.7 billion). However, after being unsuccessful in negotiations with BW, Petrobras attempted talks with Ocyan – and also failed... Continue Reading →
Six FPSOs at peak production will utilize just 7% of Guyana’s massive carbon sink capacity annually – VP Jagdeo
(OilNow) Even with six floating production, storage and offloading (FPSOs) vessels operating at peak production, Guyana’s oil operations would only utilize 7% of the 150 million tonnes of emissions sequestered by its forests annually. So said Guyana’s Vice President, Bharrat Jagdeo, during a recent press conference. The chief policymaker for the oil sector made this... Continue Reading →
MODEC Picks TMC Compressors for Errea Wittu FPSO
(OE) TMC Compressors (TMC) has secured a contract to supply a large capacity marine compressed air system to MODEC’s FPSO Errea Wittu, set for deployment at ExxonMobil’s Uaru field offshore Guyana TMC said it will manufacture and assemble the equipment in Europe, without disclosing the value of the contract. Offshore Frontier Solutions, MODEC’s joint venture... Continue Reading →