Exxon Mobil News

(Image: TDI-Brooks)

Environmental Studies Wrap Up for Exxon Off Guyana

Offshore scientific services company TDI-Brooks International said on Tuesday it has completed two Environmental Baseline Studies (EBS) for ExxonMobil offshore Guyana.The US supermajor is operator of several blocks offshore Guyana, including Canje, Kaieteur and Stabroek, which is classified as one of the most prolific offshore oil potentials in South America and is still growing in reservesIn April ExxonMobil announced its 13th discovery in the Stabroek block called the Yellowtail-1 well. The 26,800-square-kilometer field is estimated to hold more than 5.5 billion Boep/d, and is located about 120

(Image: Schlumberger)

Subsea Integration Alliance Wins Esso Contract

Exxon Mobil subsidiary Esso Australia Pty Ltd. awarded integrated subsea engineering, procurement, construction, installation and commissioning (EPCIC) contracts to Subsea Integration Alliance, which comprises OneSubsea, a Schlumberger company, and Subsea 7.The work scope includes engineering, procurement, construction and installation of two production wells in a water depth of approximately 45m that will be tied-back to the Longford onshore gas plants. Project management and engineering will be provided by OneSubsea and Subsea 7 from local offices in Perth and Melbourne, Australia. Offshore installati

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

© 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: 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

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

(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

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

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

(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

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.

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