Exxon Mobil News

(Photo: NOAA)

Shipping Companies Recognized for Efforts to Save Whales

from our nation's ports.”NOAA’s marine sanctuaries acknowledged the following shipping companies for their participation in the 2017 vessel speed reduction program: Mediterranean Shipping Company; Yang Ming Marine Transport Corp.; Polar Tankers Inc.; Celebrity Cruises Inc.; Hamburg Sud; ExxonMobil Corp.; Evergreen Marine Corp.; CSL Americas; Mitsui OSK Lines Ltd.; Kawasaki Kisen Kaisha Ltd.; OSG Ship Management Inc.; Tesoro Far East Maritime Company.; Chevron Shipping Company LLC.Awards were presented by William Douros, Western Regional Director of the Office of the National Marine Sanctuaries

Photo: Saipem S.p.A.

Saipem Wins $700 Mln Worth of Offshore Contracts

Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza development offshore Guyana.These contracts, assigned by Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil, as the project operator, are in addition to those awarded to Saipem in 2017 for Liza Phase 1.Following engineering and subject to requisite government approvals, project sanction from the joint venture and an authorization to proceed with the next phase, Saipem will then perform detailed engineering, procurement, construction, and installation of the risers, flowlines, and associated

(Image: Equinor)

Equinor Explores Floating Wind Turbines to Power N.Sea Oilfields

overall carbon emissions," Marius Holm, head of environmental foundation Zero, told Reuters. "The move will also help industrialise offshore wind and bring costs down."The Gullfaks field is owned by Equinor, OMV and Norway's state-owned Petoro, while Snorre is held by Equinor, Petoro, ExxonMobil, Idemitsu, DEA and Point Resources.($1 = 8.4525 Norwegian crowns)($1 = 0.8744 euros)(Additional reporting by Terje Solsvik and Gwladys Fouche; Writing by Alister Doyle; Editing by Gopakumar Warrier and Kirsten Donovan

Exxon Expects More Oil from Guyana's Offshore Block

Exxon Mobil Corp and its partners now expect the large Stabroek oil block offshore Guyana to contain about 25 percent more recoverable resources than estimated, they said on Monday.Exxon and U.S.-based partner Hess Corp said more than 4 billion barrels of oil equivalent could be recovered from the Stabroek block, which is part of one of the biggest oil discoveries in the world in the last decade.The previous estimate was 3.2 billion barrels of oil equivalent, Exxon, the world's largest publicly traded oil producer, said.Besides Exxon and Hess, China's CNOOC is also part of the consortium that

© Eugenio Roqueñi / MarineTraffic.com

Transocean to Buy Ocean Rig in $2.7 Bln Deal

emerging across the globe for the combined fleet (particularly in Brazil)," analysts at Tudor Pickering & Holt Co wrote in a note on Tuesday.Majors, including Norway's Equinor, Chevron Corp and BP, won bids for offshore blocks in Brazil, which hold billions of barrels of oil.Elsewhere, Exxon Mobil Corp said last month it had begun offshore exploration drilling off Australia's southeast coast, while also pursuing finds at its offshore Guyana discovery."The announcement is not a surprise. Industry consolidation is necessary to get these premium assets back to work over the next two

Image courtesy of 2H Offshore

2H Offshore Expands STREAM JIP

2H Offshore, a riser and conductor specialist in subsea services group Acteon, has completed the first phase of the STREAM (STeel Riser Enhanced Analytics using Measurements) joint industry project (JIP) and has expanded the work into a second phase.The JIP’s participants include Anadarko, Chevron, ExxonMobil and Shell. In this collaborative effort, field data from four deepwater steel catenary risers (SCR) and one lazy-wave riser were used to provide a measurement-based foundation for riser modelling.The data analysis revealed a wealth of information on riser-wave-induced, vortex-induced (VIV) and

(Photo: ExxonMobil)

Exxon Starts Drilling at Offshore Guyana Projects

Exxon Mobil Corp said it has commenced development drilling in the first of three offshore Guyana projects, which could produce more than 500,000 barrels of oil per day. Development drilling began in May for the first of 17 wells planned for Liza Phase 1, the company said.So far, Exxon Mobil and its co-venturers have discovered more than 3.2 billion oil-equivalent barrels estimated recoverable resources on the 6.6 million acre Stabroek Block.Liam Mallon, president of ExxonMobil Development Company, said, “We are well on our way to producing oil less than five years after our first discovery

Stena Carron (Photo: Stena Drilling)

ExxonMobil, Hess Announce Oil Discovery Offshore Guyana

ExxonMobil and the Hess Corporation announced an eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block. The companies said approximately 78 meters of high-quality, oil-bearing sandstone reservoir was encountered. The well was drilled to 5,504 meters depth in 1,940 meters of water by the Stena Carron drillship on May 25, 2018. The Longtail-1 well is located approximately 5 miles west of the Turbot-1 well and follows previous discoveries on the Stabroek Block at Liza, Payara, Liza Deep

(Image: ABB)

Powering the Seafloor: Put a Socket in It

. ABB is putting the components in oil-filled containers and using natural convection for cooling.Siemens, was planning a full system test in 2017. Siemens is mostly putting its components in oil-filled containers too. Siemens Subsea is working on a subsea power grid JIP with Statoil, alongside Chevron, ExxonMobil, Petrobras and, since last year, ENI.Siemens is also advocating an infield low voltage distribution system called DigiGrid, which incorporates fiber optic communications.All-electricIn tandem with the development of the subsea power grid, moves toward all-electric equipment are being made. All-electr

Rowan Secures ExxonMobil Drillship Contract

Contract drilling services provider Rowan Companies plc announced that the one of its R-Class drillships, Rowan Relentless, has been awarded a contract by ExxonMobil to drill a prospect in the U.S. Gulf of Mexico.The contract is expected to commence in September 2018 and last for 80 days, followed by four one-well, priced options.

Photo: ExxonMobil Canada

ExxonMobil's Canada Offshore Project Produces First Oil

The Hebron oil project off the coast of eastern Canada has produced its first oil, operator Exxon Mobil said on Tuesday, in a boost to Atlantic Canada's output after years of weak crude prices.   At its peak Hebron will produce up to 150,000 barrels per day (bpd), Exxon said. It will help Atlantic Canada offshore production climb 44 percent to 307,000 bpd by 2024, according to estimates from the Canadian Association of Petroleum Producers.   The platform is located 200 miles (350 kilometres) off the coast of Newfoundland and Labrador in depths of 300 feet (92 metres) and the oil field

Exxon, Petrobras Form Alliance to Develop Oil, Gas Projects

Exxon Mobil Corp and Petróleo Brasileiro SA, Brazil's state-controlled oil producer also known as Petrobras, said on Thursday they had formed an alliance to develop energy projects around the world.   The deal, which was signed in Rio de Janeiro, will have the companies study ways they can cooperate on exploration, production and chemical ventures inside and outside of Brazil.   The deal comes two months after Exxon and Petrobras were jointly awarded six oil-rich blocks in Brazilian coastal waters. (Reporting by Ernest Scheyder; editing by Diane Craft)

(Photo: ExxonMobil)

ExxonMobil Announces Oil Discovery Offshore Guyana

Exxon Mobil Corporation announced its sixth oil discovery offshore Guyana since 2015, following positive results from its Ranger-1 exploration well.   The Ranger-1 well discovery adds to previous discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which are estimated to total more than 3.2 billion recoverable oil-equivalent barrels.   ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. began drilling the Ranger-1 well on November 5, 2017 and encountered approximately 70 meters of high-quality, oil-bearing carbonate reservoir. The well was safely drilled to 6,450 meters

© xmentoys / Adobe Stock

As US Opens Up Offshore Waters, Eastern GoM Beckons

domestic energy resources in concert with enabling military operations, training and testing."   Defense Department spokeswoman Major Carla Gleason said collaboration with Interior on the issue was "a priority."    Major offshore producers such as Exxon Mobil Corp, BP Plc, Anadarko Petroleum Corp and ConocoPhillips declined to comment. Shell welcomed the expanded offshore prospects the Trump administration plans to make available, but has not committed to any new activity, said spokesman Curtis Smith. A Chevron spokeswoman, Veronica

© flyingrussian / Adobe Stock

Mexico's Oil Reform a Boon for Hard-hit Oil Service, Seismic Firms

data on the region.   Schlumberger said it was "fully committed" to its customers in Mexico, but declined to elaborate on its business. The other three companies did not respond to requests for comment.   Among companies bidding at Wednesday's auction are China Offshore Oil Corp, ExxonMobil and Total SA.   More data sales, which are tracked by Mexico's energy regulator, are expected for further rounds and joint ventures this year as the country puts some 66 percent of its prospective oil reserves on the block.   Some energy firms only pay for detailed data packages

Tim Dodson, executive vice president for Exploration in Statoil. Photo courtesy Statoil

Statoil Bags Four Blocks Offshore Brazil

Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on 29 March. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.    A consortium comprising Petrobras (30%), ExxonMobil (40%) and Statoil (30%), presented the winning bid for the C-M-657 block in Campos Basin with a signature bonus of 638,550,000 USD*. The same consortium made up of Petrobras (40%), ExxonMobil (40%) and Statoil (20%), presented the winning bid for the C-M-709 block in the Campos Basin with a

Wellhead schematic (Photo: DNV GL)

New Recommended Practice for Wellhead Fatigue Analysis

confidence in the analysis.While wellhead fatigue typically has been perceived as a North Sea concern, this JIP has benefited from the involvement of participants from both sides of the Atlantic resulting in the RP having a global application.One of the JIP partners, David Baker, Engineering Associate, ExxonMobil Upstream Research, stated that “The JIP brought together numerous industry experts from around the world to forge an important updated guidance document on wellhead fatigue analysis. Contributions from operators, equipment manufacturers and engineering contractors were incorporated to

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