Audrey Leon looks at some of 2017's 10 largest offshore discoveries. First published in the December 2017 OE. While exploration hasn’t been as hot as it used to be, the finds this year have been big and plentiful. Wood Mackenzie has provided the year’s 10 biggest finds by volume…
The tanker destined for ExxonMobil's Liza Phase 1 project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced today (14 November). SBM has said that the tanker's arrival marks the start of the FPSO conversion phase…
ExxonMobil has further confirmed the potential of the Stabroek block offshore Guyana with a fifth oil discovery in the Turbot-1 well. Stena Carron drillship. Image from Stena Drilling. ExxonMobil…
ExxonMobil has discovered additional oil at a Payara appraisal well offshore Guyana, upping the ultra deepwater discovery's resources to about 500 MMboe. Map of Stabroek, from Exxon. The…
Total has agreed an option agreement with Eco (Atlantic) Oil & Gas to acquire a 25% stake in the Orinduik Block, offshore Guyana, South America. Eco subsidiary Eco Guyana currently holds a 40% working interest in Orinduik, with Tullow Oil…
Tullow Oil and partner Eco Atlantic have completed a 3D seismic survey on the Orinduik Block offshore the co-operative Republic of Guyana. Map of Orinduik, from Eco Atlantic. The…
Tullow Oil and Eco Atlantic Oil & Gas started a 2550sq km seismic survey earlier this month on the Orinduik Block offshore the Co-operative Republic of Guyana. The survey is being conducted by Schlumberger Guyana Inc. (Western Geco) using R/V GECO Eagle and two supporting vessels…
ExxonMobil and partner Hess have made a final investment decision to proceed with a US$4.4 billion first phase of development of the giant Liza field, in the Stabroek block, offshore Guyana. The firm says it has also had positive results on its latest well on the field…
Tullow Oil is planning a 2550sq km 3D seismic survey on the Orinduik Block offshore Guyana, close to ExxonMobil's giant Liza discovery with plans to drill on the block as early as next year. According to partner Eco Atlantic Oil & Gas…
ExxonMobil is looking to make a final investment decision on its Liza discovery offshore Guyana this year, with first oil expected by 2020, less than five years since its discovery. In an investor presentation yesterday (1 March), the…
ExxonMobil has confirmed a new discovery offshore Guyana at the Snoek well, as the supermajor continues its efforts in the area by drilling the Liza-4 well. Image from Exxon. Exxon encountered more than 82ft (25m) of high-quality…
ExxonMobil has hit gold offshore Guyana with its new ultra deepwater Payara discovery, in addition to upping its ante at the giant Liza field. The Stena Carron, from Stena Drilling. The…
ExxonMobil’s double hit offshore Guyana this week has put the country in the spotlight with expectations of becoming a serious upstream player by early next decade, however, some roadblocks lie ahead, according to Wood Mackenzie. Map of Guyana…
All eyes may be on Guyana, but there’s plenty of other countries worthy of attention in South America. Audrey Leon surveys the current spike in exploration activity in the region. Image from Anadarko Petroleum’s Q4 Operations Report…
Hess Corp. posted a US$4.9 billion net loss in Q4, as the company moves forward to focus on its developments offshore Thailand and in the Gulf of Mexico, which are expected to contribute significant production and cash flow. The…
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