XOM concludes the purchase of FPSO Prosperity from SBM Offshore before the expiration of the maximum lease term of the FPSO.

LOCAL fabricating companies Guyana Oil & Gas Support Services Inc. (GOGSSI), Industrial Fabrications Inc. (InFab), and ZECO Group of Services Inc. have ...

IN a significant development for Guyana’s oil and gas industry, three local fabrication companies—Industrial Fabrications ...

Saipem wins a $1.9 billion contract for engineering work on the $10.5 billion GranMorgu oil project in Suriname.

Chinese yard Shanghai Waigaoqiao Shipbuilding (SWS) has delivered its latest floating production, storage and offloading ...

ExxonMobil announced on Wednesday it has reached 500M barrels of oil produced from Guyana's offshore Stabroek block ...

Floater specialist BW Offshore is faced with cost overruns of up to US$150 million on the newbuild floating production, ...

This image shows China's first independently developed FPSO unit "Haikui No. 1." Photo: VCG Workers unmoor "Haikui No. 1" in ...

The purchase allows ExxonMobil Guyana to assume ownership of the unit—which is currently operating at Payara, offshore Guyana ...

Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint ...

Exxon Mobil Corporation XOM, the oil and gas supermajor, has concluded the purchase of a floating production, storage, and offloading (FPSO) vessel from SBM Offshore. The FPSO Prosperity ...

Africa Oil Corp., a Canadian oil and gas company, has secured a significant boost to its long-term operations in Nigeria with ...