ExxonMobil Greenlights Another Stabroek Project Offshore Guyana
ExxonMobil keeps powering ahead in its offshore Guyana program even as a contract dispute and geopolitical tensions cast a shadow over the oil-rich
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ExxonMobil keeps powering ahead in its offshore Guyana program even as a contract dispute and geopolitical tensions cast a shadow over the oil-rich
Hess Corporation (NYSE: HES) shares enjoy small gains Friday, on serving notice it has made a final investment decision to proceed with Whiptail, the sixth development on the Stabroek Block, after receiving government and regulatory approvals. Whiptail ...
SBM Offshore has secured a contract from ExxonMobil to construct and install the Jaguar FPSO for the Whiptail development…
ExxonMobil announced on Friday that it had made the final investment decision for the development of Whiptail, its sixth offshore project in Guyana.The American oil group plans to invest $12.7 billion...
April 12, 2024 SBM Offshore is pleased to announce that ExxonMobil Guyana Limited (“EMGL”) has confirmed the award of contracts for the Whiptail development project located in the Stabroek Block in Guyana. Under these contracts, SBM Offshore will construct and install FPSO Jaguar. Ownership will transfer to EMGL prior to the FPSO’s installation in Guyana, and SBM Offshore expects to operate the FPSO for 10 years under the Operations and Maintenance Enabling Agreement signed in 2023. The award fo