Guyana
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Production at Liza Unity FPSO should reach 220,000 B/D later in 2022.
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Operator CGX said offshore construction is expected to begin soon to serve the oil and gas industry and others.
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New discovery at Cataback builds confidence in the greater Turbot area.
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SBM will supply the FPSO and TechnipFMC will supply more than 50 subsea trees and a dozen manifolds for the project offshore Guyana.
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Guyana boasts some of the world's most economic offshore fields. Now it must navigate how to produce them in a world that is asking for oil producers to pull back.
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Major makes another discovery in Stabroek block, comes away empty in Canje
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block.
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The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
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Country’s president expects 10 additional wells in its waters this year.