Guyana
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Heavy-lift and installation specialists will pre-install a mooring spread for upcoming Stabroek block FPSO. -
Updates about global exploration and production activities and developments.
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The contracts awarded by ExxonMobil and Equinor are for work offshore Guyana and Brazil.
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The all-stock transaction is the second megadeal to rock the energy industry this month.
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Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
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Additional milestones reached could add $14 million to purchase price.
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The Exxon-lead consortium, which includes Hess and the China National Offshore Oil Corporation as partners, will present a field development plan to the Guyana government in October for the Whiptail field.
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Well and sidetrack encountered pay in the targeted Santonian interval.
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The deal covers the supply of more than 50 km of dynamic and static subsea umbilicals.
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Contracts for the Uaru project’s FPSO and subsea installation were awarded to MODEC and Saipem.
