Category: Oil Majors

Guyana: The 13-kilometer link giving Hammerhead gas three potential destinations

Aug. 12 (oilnow.gy) Guyana’s Hammerhead development, the country’s seventh sanctioned offshore oil project, is expected to begin production in 2029 with capacity of about 150,000 barrels of oil per day (b/d).  Its associated gas could first fuel Hammerhead’s own operations, with remaining volumes potentially sent through the Gas-to-Energy (GtE) pipeline to shore, connected to future infrastructure... Continue Reading →

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TechnipFMC Delivers Critical Equipment for Suriname Project

Aug. 9 (OE) The GranMorgu Project offshore of Suriname continues to make strong progress, reports TechnipFMC, with the delivery of critical subsea equipment supporting the next phase of execution. “The departure of the first drilling equipment and the successful installation of key FPSO connection components demonstrate the impact of early collaboration, standardized engineering and disciplined... Continue Reading →

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This Megaproject Could Keep Brazil’s Oil Boom Running Deep Into The 2030’s

Aug. 7 (oilprice.com) BP’s Bumerangue discovery is more than another giant Brazilian oil find: it could become the project that keeps both BP’s upstream portfolio and Brazil’s production boom alive well into the 2030s. With an estimated 2.5 billion barrels potentially recoverable and peak output that could reach 600,000 b/d, the ultra-deepwater development is large enough to... Continue Reading →

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Exxon exploring Rockhead-1 prospect in Stabroek Block, targeting more oil in Guyana

Aug. 4 (oilnow.gy) The Stena Carron is carrying out exploration drilling at the Rockhead-1 prospect in Guyana’s Stabroek Block.  According to a recent notice from the Maritime Administration Department (MARAD), drilling activities will conclude on August 31.  “The Rockhead-1 is situated approximately 115.2 nautical miles (213.4 kilometers) off the  Coast of Guyana and covers an... Continue Reading →

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