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Tullow Oil Shares Sink With Production Outlook In Guyana

2019-11-13 20:05:10| OGI

Tullow Oil's stock, which surged on the news from oil discoveries offshore Guyana, shed as much as 22% of its value on Nov. 13.

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SBM Offshore Wins Contracts For Exxon Mobils Third FPSO In Guyana

2019-11-07 21:59:26| OGI

SBM Offshore said. Nov. 7 that Exxon Mobil subsidiary Esso Exploration and Production Guyana Ltd. (EEPGL) has awarded the company contracts to perform FEED for a FPSO for the Payara development project located in the Stabroek block in Guyana.

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Exxon Mobil-led Consortium Strikes Oil Again Offshore Guyana

2019-09-16 16:23:08| OGI

Drilled in 2,003 m (6,572 ft) of water by the Noble Tom Madden drillship, the Tripletail-1 well hit about 33 m (108 ft) of high-quality oil-bearing sandstone reservoir, Exxon Mobil said in a news release on Sept. 16.

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Tullow Hits Oil Offshore Guyana, Plans To Drill More Wells In 2020

2019-09-16 16:20:17| OGI

Although the discovery was smaller than initially estimated, it offers Tullow and its partners better understanding of the block to decide on further exploration drilling and development of production, Tullow CEO Paul McDade said.

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Hess: Liza Destiny FPSO Arrives Offshore Guyana

2019-08-29 23:23:18| OGI

The FPSO arrived following a 42-day journey from Singapore. The vessel is a significant component of the Liza Phase 1 development, which involves four undersea drill centers with 17 wells.

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