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ExxonMobil’s latest discovery raises Guyana recoverables above 8 billion barrels

ExxonMobil’s latest discovery raises Guyana recoverables above 8 billion barrels

ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels. Exxon Mobil Corporation will release fourth quarter 2019 financial results on coming Friday. ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil equivalent barrels. It made a further oil discovery...

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ExxonMobil and partners discover more oil in Starbroek block offshore Guyana

ExxonMobil and partners discover more oil in Starbroek block offshore Guyana

ExxonMobil and its partners made an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field. Technology removes carbon dioxide from industrial sources and the atmosphere. ExxonMobil has held throughout the New York Attorney General’s baseless investigation. It marking the 15th discovery on the Stabroek Block. Hooley currently serves as the non-executive...

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Peterson and Itaoca Offshore announce partnership for development of new Brazil terminal

Peterson and Itaoca Offshore announce partnership for development of new Brazil terminal

Itaoca Offshore and Peterson Offshore Group announced a partnership and consulting agreement for the development of the Itaoca project. Peterson has strengthened its relationship with Premier Oil, a leading independent exploration. Peterson Offshore Group Netherlands, hereafter ‘Peterson’, has excelled in its Achilles FPAL Verify Audit. Peterson Chemicals BV has again expanded its fleet of “portable...

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Shell says it’ll stay in Canada while other oil majors flee

Shell says it’ll stay in Canada while other oil majors flee

Royal Dutch Shell is reassuring investors, workers, and anyone else who will listen that it’s the international oil major. Consortium announces oil and gas production start at P-68 FPSO located at BM-S-11-A concession in Berbigão, Sururu. Royal Dutch Shell plc announces the commencement of trading in the next tranche of its share buyback programme. Shell’s...

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ExxonMobil taps SBM Offshore for third Guyana FPSO

ExxonMobil taps SBM Offshore for third Guyana FPSO

ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded SBM Offshore contract. ExxonMobil and SABIC announced the decision to proceed with the construction of a chemical facility. National and international energy and environmental security can be achieved through policies. It perform Front End Engineering and Design (FEED) for an FPSO for the Payara...

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Shell buys offshore wind developer in renewable power expansion bid

Shell buys offshore wind developer in renewable power expansion bid

Shell has agreed to buy French offshore wind developer Eolfi SA. Company announces the commencement of trading in the next tranche of its share buyback programme. Company introduces the publication of a quarterly update, starting with the third quarter 2019. Completion follows receipt of all necessary regulatory consents. It continuing its expansion into renewable power....

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DNV GL issues efficiency-minded recommended practices for subsea pumping systems

DNV GL issues efficiency-minded recommended practices for subsea pumping systems

A new DNV GL recommended practice has unlocked new opportunities for the oil and gas sector to deliver more cost-efficient. 43% of respondents put digitalization as a core part of their business strategy. Technical expertise helps fast-track Taiwan’s implementation of new offshore wind farms. It environmentally friendly subsea processing for improved hydrocarbons recovery. Singapore’s Maritime...

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Norwegian oil crews stigmatized in the “climate change” era

Norwegian oil crews stigmatized in the “climate change” era

Ole Lie, a drilling supervisor who’s worked for Norway’s oil giant Equinor ASA since the 1990s. The Norwegian offshore survey company EMGS has signed an $8 million multi-client contract. The feeling unloved as many are starting to turn their backs on an industry. Norwegian oil and gas giant Equinor slipped to a net loss in...

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Fugro completes deepwater AUV surveys for Shell in US Gulf of Mexico

Fugro completes deepwater AUV surveys for Shell in US Gulf of Mexico

Fugro has completed several high-resolution geophysical surveys in the US Gulf of Mexico. Erik-Jan Bijvank worked at Stork, a Fluor company, for over 20 years. Banedanmark manages Denmark’s public railway infrastructure and is responsible for maintenance, traffic control. The project required data collection over multiple deepwater lease blocks in the greater Perdido. The programme will...

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Maersk Supply Service awarded integrated solutions project in Brazil

Maersk Supply Service awarded integrated solutions project in Brazil

Maersk Supply Service will provide an integrated mooring lines life extension solution. Western Australia’s Port of Fremantle is setting new records with the arrival of two Post Panamax containerships. On July 10, the company said that it agreed with SoLix Group AB. Shell’s FPSO Fluminense, including project management, engineering, interface management. New facility which has...