XOM concludes the purchase of FPSO Prosperity from SBM Offshore before the expiration of the maximum lease term of the FPSO.

With nearly $55 billion earmarked to develop six government-sanctioned projects, the Stabroek block operations already ...

ExxonMobil Guyana and its Stabroek block co-venturers, Hess and CNOOC, announced on Wednesday they reached 500 million barrels of oil produced from ...

Chinese yard Shanghai Waigaoqiao Shipbuilding (SWS) has delivered its latest floating production, storage and offloading ...

Oil giant ExxonMobil said on Wednesday it had reached 500 million barrels of oil produced from Guyana's offshore Stabroek ...

DESCRIBED as a “significant milestone,” a symbolic “Steel Strike” ceremony was held on Tuesday to mark the start of work by ...

Rangpur Riders started its training for the Global Super League (GSL) T20 on Thursday at the Academy Ground of the Sher-e-Bangla National Cricket Stadium.

Dutch floating production specialist SBM Offshore has been awarded contracts for the $10.5 billion GranMorgu field ...

FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO LizaDestiny on track for sale before year-end TotalEnergies contract award for an FPSO as part of the GranMorgu field development project in ...

Amsterdam, November 14, 2024HighlightsFPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO LizaDestiny on track for sale before ...

The cash consideration will be allocated mainly to repay the $980m project financing, consequently reducing SBM Offshore's ...

The Institute of Chartered Accountants of Guyana this week gave notification that two auditors, including one that did ExxonMobil’s $7 billion cost audit and has signed on to do the third audit ...