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

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

with the floater destined for ExxonMobil’s Whiptail field — the US supermajor's sixth development offshore Guyana. The hull, ...

ExxonMobil Guyana assumes ownership of the unit, while SBM Offshore will continue to operate and maintain the FPSO up to 2033. SBM Offshore has completed the sale of the floating production ...

Amsterdam, November 7, 2024 SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed ...

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

Dutch floating production specialist SBM Offshore has finalised a transaction with ExxonMobil for the early purchase of the ...

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

Amsterdam, November 14, 2024HighlightsFPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO LizaDestiny on track for sale before ...

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

The cash consideration will be allocated mainly to repay the $980m project financing, consequently reducing SBM Offshore's ...

SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed the transaction related to the purchase of FPSO Prosperity, ahead of the maximum lease term ...