U.S. oil major Exxon Mobil and partners are continuing to negotiate with Guyana's government on the terms for developing a shallow-water oil block, an Exxon spokesperson said on Monday.Exxon, Hess and CNOOC won offshore block S8 in a bidding…
U.S. oil major ExxonMobil and partners have pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water oil block, the South American country's vice president said on Thursday.Exxon, U.S.-based Hess…
SBM Offshore has completed the $1.5 billion project financing of the Jaguar floating production, storage, and offloading (FPSO) unit, which will be deployed at ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana.The…
Guyana's fourth oil floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter next year, the CEO of U.S. producer Hess, John Hess, said on Wednesday.The firm, which alongside…
SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana…
ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore, operating at Payara, Guyana’s third offshore oil development on the Stabroek Block.ExxonMobil, through its affiliate ExxonMobil Guyana…
Energy firms TotalEnergies, Qatar Energy, Petronas, Cybele Energy, Delcorp and International Group Investment have reached agreements with Guyana over terms of production sharing deals to explore five oil and gas offshore blocks, the energy ministry said on Wednesday…
The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board.The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year…
The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron's purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil's challenge to the $53 billion deal as its final hurdle…
Dutch FPSO leasing specialist SBM Offshore has completed the final module lifts at Seatrium’s shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil’s Yellowtail field offshore Guyana in early 2025…
An Exxon Mobil consortium's crude output in Guyana has been fully restored at two floating production facilities after workers completed a natural gas pipeline tie-in, a company spokesperson said on Monday.Output had fallen to between 400,000 and 500…
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess…
Equinor and ExxonMobil Corp said on Wednesday they have transferred their stakes in a deepwater oil and gas exploration block off Suriname to Hess Corp, with the Norwegian oil producer exiting the South American country.The exit aligns with…
Chevron Corp on Friday posted sharply weaker second-quarter earnings and the oil major's CEO discounted the chance to close a $53 billion acquisition of Hess Corp before mid-2025, sending shares down 3%.Shares were off 9% since Wednesday following…
U.S. oil company Chevron Corp said on Friday it was replacing several long-standing managers in a reshuffle of senior jobs and that it was moving its headquarters to Houston from San Ramon, Calif.The changes come as the company works to cut costs and renew leadership after a series of setbacks…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
