Tag: Stabroek Block

Saipem secures major offshore contracts in Guyana and Brazil valued at $1.9bn

businessnewstoday- November 30, 2023

Saipem, a renowned player in the energy sector, has recently been awarded two significant offshore contracts totaling approximately $1.9 billion. This monumental achievement not only ... Read More

Payara oil field : ExxonMobil launches production to boost Guyana’s oil output to 620,000bpd

businessnewstoday- November 16, 2023

ExxonMobil has initiated production at the Payara oil field, Guyana's third offshore oil development on the Stabroek Block. This major move elevates the total production ... Read More

Oceaneering International secures contracts worth over $100m

businessnewstoday- September 2, 2023

Oceaneering International, Inc. (NYSE: OII), a leader in offshore technology services, announced that its Offshore Projects Group (OPG) has clinched two international contracts collectively valued ... Read More

Uaru oil project : ExxonMobil takes FID on fifth project on Stabroek Block

businessnewstoday- April 28, 2023

ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with ... Read More

CNOOC announces start of production at Liza Phase II project in Guyana

businessnewstoday- February 14, 2022

CNOOC said that the Liza Phase II project, the phase 2 development of the Liza oil field in the Stabroek Block in Guyanese waters has ... Read More

Saipem bags $1.1bn contracts for Scarborough and Yellowtail projects

businessnewstoday- January 16, 2022

Italian oilfield services company Saipem has bagged a couple of new offshore contracts in Australia and Guyana, with a combined worth of $1.1 billion. Under ... Read More

Hess, ExxonMobil announce Pinktail oil discovery in Guyanese waters

businessnewstoday- September 15, 2021

Hess Corporation and ExxonMobil have announced the Pinktail oil discovery on the Stabroek Block in Guyanese waters following the drilling of the Pinktail exploratory well. ... Read More

Payara oil project : ExxonMobil, Hess move ahead with $9bn project in Guyanese waters

oilandgasnews365- October 1, 2020

ExxonMobil and Hess have sanctioned the $9 billion Payara oil project in the Stabroek Block in Guyanese waters having secured government approval. The final investment ... Read More

ExxonMobil and partners report Redtail oil discovery in Stabroek Block

oilandgasnews365- September 9, 2020

Redtail oil discovery : ExxonMobil and its partners have pulled off their 18th discovery in the Stabroek Block in Guyanese water following the drilling of ... Read More

Liza oil field : ExxonMobil, Hess begin production from Guyanese oil project

oilandgasnews365- December 22, 2019

Liza oil field production : ExxonMobil, Hess and other partners in the Stabroek Block in Guyanese waters have started production from the first phase of ... Read More