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Oil giant ExxonMobil has further solidified its claims of a ‘world class discovery’ offshore Guyana after completing the drilling of the Liza-3 well in the Stabroek block. To remind, ExxonMobil already drilled the Liza-1 and Liza-2 wells and claimed to have found a ‘world class oil discovery.’ The Liza-1 well was drilled in March 2015 […]
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Equipment, Project & Tenders
Lankhorst Offshore has secured a contract by SBM Offshore to supply the deepwater mooring lines for the Liza Unity Floating Production Storage and Offloading (FPSO) for ExxonMobil’s Liza field offshore Guyana. This follows the deployment of Lankhorst mooring lines for the Liza Destiny FPSO mooring system also in the Liza field. The Liza Unity FPSO […]
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Shawcor has been assigned work on the Exxon-operated Liza I and II deepwater development projects located offshore Guyana.
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ExxonMobil confirmed the discovery of oil from Liza-2 well, the second exploration well in the Stabroek block offshore Guyana. The company confirmed the discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels. “We are excited by the results of a production test of the Liza-2 well, which confirms the presence of high-quality oil […]
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Oil giant ExxonMobil on Friday made a final investment decision (FID) to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The company also on Friday announced positive results from the Liza-4 well, which encountered more than 197 feet (60 […]
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Oilfield services provider TechnipFMC has been awarded a contract by ExxonMobil for the engineering, manufacture, and delivery of subsea equipment for the proposed Liza deepwater project, off Guyana. TechnipFMC said on Tuesday that the award scope includes seventeen total enhanced vertical deepwater trees and associated tooling, as well as five manifolds and associated controls and […]
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Exploration & Production, Infrastructure, Project & Tenders
The ExxonMobil-operated Liza-1 development, located in the Stabroek Block offshore Guyana, is now expected to start production through the Liza Destiny FPSO in December 2019, which is earlier than expected.
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TechnipFMC has been awarded a contract by an affiliate of ExxonMobil for the engineering of the subsea system for the proposed Liza Phase 2 project.
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Business & Finance, Equipment, Infrastructure
CCI-CableService has been awarded an electrical cables supply deal by SBM Offshore for ExxonMobil’s FPSO Liza Destiny.
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The Liza Destiny FPSO has reached Guyanese waters 42 days after it set sail from a shipyard in Singapore.
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Equipment, Project & Tenders
Italian oilfield services company Saipem has offloaded the second shipment of pipes to be installed as part of Exxon’s Liza Phase One project offshore Guyana. The Guyanese authorities have informed that the shipment arrived in Georgetown last week, and is the second of multiple shipments adding to the 1519 pieces of pipes received in December. The […]
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Exploration & Production, Project & Tenders
ExxonMobil on Thursday reported positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The company said that the Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery for which Exxon in December 2016 awarded […]
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Dutch FPSO provider SBM Offshore has secured project financing for the FPSO Liza Unity for a total of $1.14 billion.
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Exploration & Production, Project & Tenders
ExxonMobil said on Thursday that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a ‘world-class discovery’ with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels. “We are excited by the results of a production test of the Liza-2 well, which confirms the […]
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Business & Finance, Equipment, Infrastructure
Mooring rope specialist Lankhorst Offshore has been awarded a contract by SBM Offshore to supply the mooring lines for the Liza Unity floating production storage and offloading (FPSO) vessel for ExxonMobil’s Liza oilfield offshore Guyana.
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Business & Finance, Operations & Maintenance
ExxonMobil said today it has made a final investment decision to proceed with the first phase of development for the Liza field, located offshore Guyana. The company also announced positive results from the Liza-4 well, which encountered more than 60 meters of high-quality, oil-bearing sandstone reservoirs, which will underpin a potential Liza Phase 2 development. […]
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U.S. oil giant Exxon Mobil is at it again. The company on Thursday announced “positive results” on the Snoek well offshore Guyana, confirming a new – third – discovery on the Stabroek Block. Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara, Exxon said. “The latest discovery at Snoek demonstrates […]
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ExxonMobil, working to develop the giant Liza oil discovery offshore Guyana using an FPSO built in Singapore, is not sitting on its laurels.
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SBM Offshore gas completed the project financing of Liza FPSO, to be deployed offshore Guyana, for a total of $720 million. The Dutch company has obtained the cash from a consortium of twelve international banks. The Liza FPSO will be owned and be operated by SBM Offshore, and will, once completed, be used by Exxon Mobil […]
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February 28, 2018 – ExxonMobil has officially confirmed making the Pecora-1 oil discovery in the Starbroek block, offshore Guyana, and it already has plans on how it wants to develop the latest find.
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ExxonMobil is rapidly progressing its Liza Phase 1 development located offshore Guyana with the beginning of development drilling.
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Business & Finance, Infrastructure
SBM Offshore has been awarded contracts by ExxonMobil to perform front end engineering and design for an FPSO for the Payara development project located in the Stabroek block in Guyana.
