Suriname, the Next Offshore Oil Hot Spot?

Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years. Explorers in nearby Suriname have been hoping... Continue Reading →

SBM’s new Fast4Ward FPSO hull launched in Chinese yard

Chinese shipyard Shanghai Waigaoqiao Shipbuilding has launched a hull of the latest FPSO of a Fast4Ward design being built for Dutch provider SBM Offshore. On 10 July, the third H1498 ship of the Fast4Ward offshore floating production and storage vessel (FPSO) series built by Shanghai Waigaoqiao Shipbuilding, a subsidiary of China State Shipbuilding Corporation, was... Continue Reading →

TechnipFMC, Halliburton to provide subsea fiber optic solution for Payara field

ExxonMobil has selected TechnipFMC and Halliburton to provide the Odassea subsea fiber optic solution for the Payara development project in Guyana. The award follows the completion of front-end engineering and design studies and qualifications. According to TechnipFMC, the Odassea service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimization. Halliburton... Continue Reading →

ExxonMobil Hires PGS for 4D Survey Offshore Guyana

Norwegian offshore seismic surveyor PGS has been awarded a 4D seismic acquisition contract by ExxonMobil for work offshore Guyana. PGS will deploy a Titan class seismic acquisition vessel in the fourth quarter of 2021 with the acquisition slated for completion in the first quarter of 2022.  President & CEO in PGS, Rune Olav Pedersen said: "We... Continue Reading →

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