Saipem Wins Subsea Contract in Guyana
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, rigid risers, associated
Saipem Wins $700 Mln Worth of Offshore Contracts
, and water and gas injection systems.Development of the Stabroek Block is being pursued by a joint venture which includes Esso Exploration and Production Guyana Limited as operator and 45 percent interest holder, in conjunction with Hess Guyana Exploration Limited (30 percent interest) and CNOOC Nexen Petroleum Guyana Limited (25 percent interest).Liza field is located approximately 200 Km off the shores of Guyana in the Stabroek Block at a water depth up to 1,850 meters. The second phase of the development has a larger number of wells and related subsea equipment than its predecessor and will produce
ExxonMobil, Hess Announce Oil Discovery Offshore Guyana
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
Exxon Starts Drilling at Offshore Guyana Projects
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
Offshore Achievement Award winners Announced
– BP & Subsea 7 WINNER - Connected Competence Outstanding Skills Development Programme Award WINNER – Score (Europe) Ltd Young Professional Award WINNER – Laura Steedman, BP HIGHLY COMMENDED – Chris Stewart, Expro; Jennifer Brown, Nexen Petroleum U.K Limited; Lyndsey Thomas, Nexen Petroleum U.K. Limited Above & Beyond Award WINNER – John Fraser, Sparrows Group Great Company Award (SME) - Sponsored by Wood WINNER – BiSN Ltd. Great Company Award (Large) WINNER – Entier
ExxonMobil Announces Oil Discovery Offshore Guyana
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
Maersk Drilling Secures Nexen Contract
Danish driller Maersk Drilling has been awarded a contract by Nexen Petroleum for the drilling of three wells and options for nine additional wells at UK’s largest producing oil field, the Buzzard field in the Central North Sea. The drilling campaign is for the Buzzard Phase II Development Project and is planned to commence around July 2018. The estimated duration of the initial firm contract period is 225 days. The drilling campaign will be carried out by one of Maersk Drilling’s I-class jack-ups currently operating in Norway. The I-class jack-ups are of a
Finalists for 2017 Offshore Achievement Awards Announced
; Fabricom Offshore Services · TAQA Young Professional (sponsored by BP) · Marianne McKevitt - BP · Richard Eckersley - Nexen Petroleum U.K. Limited · Mandy Johnstone - N-Sea · Sam Lisney - Petrofac EPS West · Richard Turner - RS Clare & Company Ltd &middo
ExxonMobil Announces Oil Discovery Offshore Nigeria
Limited and proved additional resource in deeper reservoirs. ExxonMobil holds 27 percent interest and is the operator for OPL 223 and OML 139. Joint venture partners include Chevron Nigeria Deepwater G Limited (27 percent interest), Total E&P Nigeria Limited (18 percent interest), Nexen Petroleum Deepwater Nigeria Limited (18 percent interest), and the Nigeria Petroleum Development Company Limited (10 percent interest)
February 2024
