Brought to you by Quest Offshore & Southern Cone Consultants
ICR Integrity (ICR), an industrial maintenance and integrity company, has partnered up with Guyana-based Panthera Solutions (Panthera) to deliver its Technowrap and Quickflange technologies and other solutions and the booming oil and gas market in the region. Panthera provides fabric maintenance and deck services to offshore energy companies and their suppliers and employs a local... Continue Reading →
(Reuters/OE) Exxon Mobil reportedly made a new discovery at Whiptail in the Stabroek Block offshore Guyana, as it develops one of the world's most important new oil and gas blocks in the last decade. The company operates the 6.6-million-acre Stabroek Block as part of a consortium that includes Hess Corp and China's CNOOC Ltd. It... Continue Reading →
(Reuters) Guyana is re-launching a search for a company to market the government's share of crude oil produced off the South American country's coast to make the tender process "simpler and more competitive," the natural resources minister said on Monday. According to the notice published late last week, companies will have until Aug. 3 to submit their... Continue Reading →
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 →
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 →
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 →
(Bloomberg) --Oil majors are gearing up to explore off the coast of Colombia, offering hope to a country struggling to reverse declines in reserves and output of its biggest export. Royal Dutch Shell Plc is planning to drill this year in the Caribbean, while Exxon Mobil Corp., Repsol SA and state-controlled Ecopetrol SA will follow... Continue Reading →
(Reuters) - Indian Oil Corp (IOC.NS), the country's top refiner, has made its first purchase of Guyana's Liza light sweet crude as it seeks to diversify its crude purchases, a source familiar with matter said. The 1 million-barrel cargo will set sail around July 4 on Greece-flagged tanker Militos for India's Paradip port, where it is... Continue Reading →
Dutch floater operator SBM Offshore has completed the project financing for a total of $1.05 billion for the FPSO Prosperity, which is destined to operate on ExxonMobil’s Payara development offshore Guyana. The project financing, secured by a consortium of 11 international banks, will be drawn in full, phased over the construction period of the FPSO.... Continue Reading →
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 →
Brazil Energy Insight 