Category: exxonmobil
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Everllence’s electrically driven compressor trains ordered for Guyana-bound FPSO
Everllence’s electrically driven compressor trains ordered for Guyana-bound FPSO Everllence, formerly MAN Energy Solutions, will deliver its electrically driven compressor technology to MODEC […] The post Everllence’s electrically driven compressor trains ordered for Guyana-bound FPSO appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done
ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary…
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ExxonMobil deploys technology to protect Guyanese offshore gas pipeline
ExxonMobil deploys technology to protect Guyanese offshore gas pipeline U.S.-headquartered oil major ExxonMobil has deployed marine safety technology from Sentinel Proactive to safeguard […] The post ExxonMobil deploys technology to protect Guyanese offshore gas pipeline appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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MODEC places FPSO gig in DOF’s hands for ExxonMobil’s oil project offshore Guyana
MODEC places FPSO gig in DOF’s hands for ExxonMobil’s oil project offshore Guyana DOF has secured a new assignment with Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel, which will work at an oil project operated by ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, off the coast of Guyana. The post MODEC…
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Saipem taps EnerMech for job on ExxonMobil’s $12.7 billion oil project off Guyana
Saipem taps EnerMech for job on ExxonMobil’s $12.7 billion oil project off Guyana Aberdeen-headquartered integrated solutions specialist EnerMech has landed a new pre-commissioning assignment with Italy’s engineering, drilling, and construction services giant Saipem for Guyana’s sixth deepwater oil development project at the Stabroek block, operated by ExxonMobil Guyana, a subsidiary of the U.S. energy giant…
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Throwback: Top oil & gas final investment decision picks
Throwback: Top oil & gas final investment decision picks As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore Energy…
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SBM Offshore’s FPSO duo staying with ExxonMobil offshore Angola until 2032
SBM Offshore’s FPSO duo staying with ExxonMobil offshore Angola until 2032 Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has landed a multi-year contract extension for two floating production, storage, and offloading (FPSO) vessels off the coast of Angola with Esso Exploration Angola, an affiliate of the U.S.-headquartered energy…
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$27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers
$27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over…
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ExxonMobil enters the LNG bunkering market
ExxonMobil enters the LNG bunkering market In what its says is part of its broader strategy to pursue up to $30 billion in lower-emission investments between 2025 and 2030, ExxonMobil is entering the LNG marine bunkering market, initially with two LNG bunker vessels. It says this marks an important step in its efforts to help…
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Saipem reinforces Guyana ties with $500 million job on ExxonMobil’s seventh oil project
Saipem reinforces Guyana ties with $500 million job on ExxonMobil’s seventh oil project Italy’s engineering, drilling, and construction services giant Saipem has received the green light to move forward with its multimillion-dollar assignment on an offshore oil project in the Stabroek block off the coast of Guyana from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered…
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Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops
Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops UK-based Global OTEC has been selected to take part in a new research project […] The post Consortium including Chevron, ExxonMobil, BP to evaluate OTEC for deepwater ops appeared first on Offshore Energy. Zerina Maksumić Go to offshore energy biz
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Saipem sheds light on its part in early start-up of ExxonMobil’s oil project offshore Guyana
Saipem sheds light on its part in early start-up of ExxonMobil’s oil project offshore Guyana Saipem has landed a helping hand to U.S.-headquartered ExxonMobil to bring online its fourth oil project on the Stabroek block off the coast of Guyana. The post Saipem sheds light on its part in early start-up of ExxonMobil’s oil project…
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Plans for California’s offshore oil platform trio to be back online by year-end fuel opposition as new entrants join legal fight
Plans for California’s offshore oil platform trio to be back online by year-end fuel opposition as new entrants join legal fight With a decade-long wait coming to an end once a platform off the coast of California switched back to oil production mode, the U.S. Interior Department has revealed a timeline for the resumption of…
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Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil
Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil U.S. subsea engineering and applied technology firm Oceaneering International has secured a contract with […] The post Oceaneering looking at up to $90M in revenue thanks to contract with ExxonMobil appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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ExxonMobil wins extension for block offshore Angola
ExxonMobil wins extension for block offshore Angola The Angolan subsidiary of U.S.-headquartered energy major ExxonMobil and its consortium partners have secured an extension of a production sharing contract (PSC) for a block offshore Angola. The post ExxonMobil wins extension for block offshore Angola appeared first on Offshore Energy. Dragana Nikše Go to offshore energy biz
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ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf
ExxonMobil entrusts EnerMech with deepwater decom job at oil & gas project in US Gulf EnerMech, an Aberdeen-headquartered integrated solutions specialist, has secured a new decommissioning assignment for a 25-year-old oil and gas project in the Gulf of America, formerly the U.S. Gulf of Mexico. The post ExxonMobil entrusts EnerMech with deepwater decom job at oil…
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PSC extension secured for TotalEnergies’ Angolan deepwater block
PSC extension secured for TotalEnergies’ Angolan deepwater block TotalEnergies EP Angola, a subsidiary of France’s energy giant TotalEnergies, and its partners have signed an extension of the production sharing contract (PSC) for a block in Angolan deepwater. The post PSC extension secured for TotalEnergies’ Angolan deepwater block appeared first on Offshore Energy. Dragana Nikše Go…
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Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion
Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion Shell, BP, TotalEnergies, Equinor, Eni, ExxonMobil, Chevron, and ConocoPhillips have managed to come on top yet again, displaying the resilience of the energy sector with performance and quarterly results that show a combined profit of about $29 billion. The post Shell, BP, TotalEnergies,…
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MODEC calling the shots for new Guyana-bound FPSO destined for ExxonMobil’s 7th oil & gas project
MODEC calling the shots for new Guyana-bound FPSO destined for ExxonMobil’s 7th oil & gas project ExxonMobil has put Japan’s MODEC in charge of a new floating production, storage, and offloading (FPSO) unit to be deployed on its seventh oil project in the Stabroek block off the coast of Guyana. The post MODEC calling the…
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SBM Offshore FPSO’s miles-long journey ends in Guyana as first oil date approaches (Gallery)
SBM Offshore FPSO’s miles-long journey ends in Guyana as first oil date approaches (Gallery) SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana. The post SBM Offshore…
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Valaris rig on the move as ExxonMobil’s drilling ops end in non-commercial gas volumes
Valaris rig on the move as ExxonMobil’s drilling ops end in non-commercial gas volumes ExxonMobil and QatarEnergy have wrapped up drilling activities off the coast of Cyprus, carried out with a drillship owned by Valaris, an offshore drilling contractor. The post Valaris rig on the move as ExxonMobil’s drilling ops end in non-commercial gas volumes…
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US bestows export permit into Golden Pass LNG terminal’s hands as start-up edges closer
US bestows export permit into Golden Pass LNG terminal’s hands as start-up edges closer The U.S. Department of Energy (DOE) has handed out its third liquefied natural gas (LNG) approval since President Donal J. Trump returned to the White House, enabling more time to start LNG exports from the Golden Pass LNG terminal (GPX) export…
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370-meter-long FPSO ends two-month journey from Singapore at Brazilian field
370-meter-long FPSO ends two-month journey from Singapore at Brazilian field A 370-meter-long floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC […] The post 370-meter-long FPSO ends two-month journey from Singapore at Brazilian field appeared first on Offshore Energy. Nadja Skopljak Go to offshore energy biz
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With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025
With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025 Chevron is confident that its rival, Hess Corporation, will emerge as the winner in the ongoing arbitration proceedings the remaining Stabroek block partners launched over the sale of interests in assets off the coast of Guyana. The…
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Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave
Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI), have also played their part in shrinking the job…
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ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds
ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris. The post ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as…
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ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025
ExxonMobil to stay busy with Guyana’s deepwater oil & gas development ops in 2025 With nearly $55 billion committed to the development of six government-sanctioned projects, ExxonMobil is going to remain hard at work during 2025 to develop the oil and natural gas resources at the Stabroek block off the coast of Guyana. The post ExxonMobil…
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Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana
Noble rig duo and Stena drillship on oil & gas exploration mission for ExxonMobil off Guyana As three rigs press play to resume hydrocarbon search at the Stabroek block on South America’s North Atlantic coast, this enables ExxonMobil to keep looking for more oil and natural gas resources off the coast of Guyana, with drillships owned…
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Worley wins EPC contract for ExxonMobil’s low-carbon hydrogen project in Texas
Worley wins EPC contract for ExxonMobil’s low-carbon hydrogen project in Texas Australian engineering and professional services company Worley will provide reimbursable engineering, procurement and construction (EPC) services to U.S. energy major ExxonMobil for the enabling works, infrastructure and interconnects scope of the latter’s planned low-carbon hydrogen and ammonia facility in Baytown, Texas. The post Worley…
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ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output
ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while ramping up oil & gas and LNG output ExxonMobil has unveiled its new corporate plan up to 2030, expecting to deliver a growth potential of $20 billion in earnings and $30 billion in cash flow. The post ExxonMobil’s 2030 agenda: Fueling decarbonization with $30 billion while…
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SBM Offshore bankrolling construction of Guyana-bound FPSO with $1.5 billion loan
SBM Offshore bankrolling construction of Guyana-bound FPSO with $1.5 billion loan SBM Offshore has secured $1.5 billion with a consortium of 16 international financial institutions to cover the construction costs for a floating production, storage, and offloading (FPSO) vessel destined to be deployed on a deepwater oil development on the Stabroek block off the coast…
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PNG LNG getting more gas thanks to new project coming online
PNG LNG getting more gas thanks to new project coming online Australia’s energy giant Santos has completed its two-well project forming part of an integrated development to commercialize the gas resources of Papua New Guinea. The post PNG LNG getting more gas thanks to new project coming online appeared first on Offshore Energy. Dragana Nikše…
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Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard
Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard Singapore’s Seatrium has hosted a naming ceremony for a floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC destined to work off the coast of Brazil. The post Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard appeared first on Offshore…