February 12th, 20200London-headquartered offshore driller Noble Corporation has signed an agreement with ExxonMobil for drilling services in the Guyana-Suriname Basin. The agreement defines terms for the continuation of drilling services using Noble drillships in the region, including Noble Bob Douglas, Noble Tom Madden and Noble Don Taylor which are...
January 24th, 20200The world has a new source of oil from the Caribbean with Guyana exporting its first batch of crude earlier this week and setting out plans to produce 750,000 barrels per day by 2025. Alphatanker, part of AXSMarine, reports in its latest weekly report that the 158,000 dwt set sail on Monday from Guyana’s Liza FPSO carrying the...
November 8th, 20190Dutch FPSO specialist SBM Offshore has been awarded a contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) to perform front end engineering and design (FEED) for an FPSO for the Payara development project located in the Stabroek block in Guyana. The FPSO, to be named Prosperity, will utilise a...
October 17th, 20190Dutch FPSO specialist SBM Offshore has completed the project financing of FPSO Liza Unity for a total of $1.14bn. The financing was secured by a consortium of nine international banks, and SBM expects to draw the loan in full, phased over the construction period of the unit. The Liza Unity FPSO will be designed to produce 220,000...
September 30th, 20190Bourbon has announced that tug supply vessel , which was hit by bad weather associated with Hurricane category 4 hurricane Lorenzo, has sunk in the Atlantic. The French offshore vessel owner launched a rescue mission on Thursday after the vessel, headed for Guyana, encountered trouble while it was around 1,200 nautical miles off...
September 27th, 20193French offshore vessel owner Bourbon has launched a rescue operation for tug supply vessel , which developed a water ingress in the rear of the vessel after it was hit by bad weather associated with category 4 hurricane Lorenzo. The vessel, while headed for Guyana, was around 1,200 nautical miles off Martinique Island and 60 nautical...
July 30th, 20190Qatar Petroleum has entered into an agreement with Total for a 40% share of Total’s interest in two blocks offshore Guyana. Qatar Petroleum is buying into the Orinduik block, operated by Tullow Oil and the neighboring Kanuku block, operated by Repsol. Saad Sherida Al-Kaabi, the minister of state for energy affairs and president...
April 29th, 20190Houston-headquartered offshore driller Diamond Offshore has been awarded a pair of contracts by Woodside for drillships Ocean BlackRhino and Ocean BlackHawk. The drillships will be operating in Senegal, Ocean BlackRhino from the fourth quarter of 2020 for three years and Ocean BlackHawk from the first quarter of 2022 for a period of...
March 14th, 20190US offshore driller Rowan Companies, which is on the verge of a $12bn combination with Ensco, has been awarded a contract by Repsol Exploracion Guyana for 2010-built jackup rig . The contract is for one well, offshore Guyana, and has an expected duration of around 45 days. Commencement is scheduled for the third quarter of 2018, with...
December 19th, 20180US offshore driller Rowan Companies, currently in the middle of a $12bn combination with Ensco, has been awarded a one-well contract for 2009-built jackup rig . The contract, with CGX Resources in Guyana, will commence in the second quarter of 2019 and has an estimated duration of 60 days. The Ralph Coffman is currently on contract...
