Hess Guyana Exploration Ltd News

Saipem Constellation (Photo: Saipem)

Saipem Wins Subsea Contract in Guyana

. The contract scope includes subsea structures, risers and flowlines.Saipem was awarded earlier subsea contracts for the first two phases of the Liza development in Guyana by EEPGL in 2017 and in 2018, respectively.Subject to government approvals, project sanction by EEPGL and its partners HESS Guyana Exploration Ltd and CNOOC Nexen Petroleum Guyana Ltd and an authorization to proceed with the final phase, Saipem will perform the detailed engineering, procurement, construction and installation (EPCI) of a large subsea production facility. This facility will include approximately 130 kilometers of flowlines

Stena Carron (Photo: Stena Drilling)

ExxonMobil, Hess Announce Oil Discovery Offshore Guyana

of 220,000 barrels per day.A third phase is planned to closely follow Liza Phase 2 and is expected to bring gross production to more than 500,000 barrels of oil per day by late 2023.The Stabroek Block operator, Esso Exploration and Production Guyana Limited, holds 45 percent interest, while Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest

(Photo: ExxonMobil)

Exxon Starts Drilling at Offshore Guyana Projects

,000 barrels per day is being planned as part of the Liza Phase 2 development, and a third is under consideration for the Payara development, the company said.ExxonMobil subsidiary Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest.Exxon said in March that projects in Guyana and the Permian Basin region of Texas and New Mexico, as well as refining and chemical plant expansions, should drive earnings gains

(Photo: ExxonMobil)

ExxonMobil Announces Oil Discovery Offshore Guyana

planned on the Stabroek Block for 2018, including potential appraisal drilling at the Ranger discovery.   The Stabroek Block is 6.6 million acres (26,800 square kilometers). Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest

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