ExxonMobil | GUPC

ExxonMobil OKs MODEC for Guyana Hammerhead FPSO FEED

Oil & Gas‚ Oil and Gas Industry | intent | June 25, 2025 | Comment off

According to the EIA, the development plan calls for drilling 14 to 30 production and water-injection wells; installing and operating subsea umbilical, riser, and flowline (SURF) equipment that will connect the FPSO to the wells; using an FPSO to process, store, and offload the recovered oil; and installing a 13-km gas export pipeline from the FPSO to a tie-in on the Gas to Energy pipeline. The EIA said subsea components are expected to be installed in 2028, with FPSO installation and commissioning expected the same year.

ExxonMobil awards EnerMech decommissioning contract for U.S. Gulf

Oil & Gas‚ Oil and Gas Industry | intent | June 17, 2025 | Comment off

The milestone scope includes decommissioning the subsea flowlines, marking EnerMech’s first major decommissioning campaign in the region. The award highlights the firm’s strategic methodology, integrated approach, and offshore operational expertise.

ExxonMobil, partners sign PSC extension for Angola’s Block 17

Oil & Gas‚ Oil and Gas Industry | intent | June 12, 2025 | Comment off

TotalEnergies, as operator of Block 17, has worked with partners to develop the block into a cornerstone of Angola’s oil production for more than 20 years. The renewed PSC allows for the continued use of existing infrastructure and technological expertise to support value creation from mature oilfields.

Modec secures deal for ExxonMobil FPSO in Guyana

Oil & Gas‚ Oil and Gas Industry | intent | May 27, 2025 | Comment off

The contract, awarded by ExxonMobil’s Guyana arm, is a limited notice to proceed pending necessary government and regulatory approval. Phase one encompasses front-end engineering and design, while phase two covers engineering, procurement, construction, and installation.

Seplat Revenue Soars after ExxonMobil Acquisition

Oil & Gas‚ Oil and Gas Industry | intent | May 6, 2025 | Comment off

Nigeria’s Seplat Energy PLC has reported $809.3 million in revenue for the first quarter (Q1), up 350 percent from the same three-month period in 2024 as higher oil and gas volumes offset lower prices.
Net profit came at $23.3 million, or 3.1 cents per share, compared to a net loss of $1.9 million for Q1 2024.

ExxonMobil Secures Sixth CO2 Customer in Calpine

Oil & Gas‚ Oil and Gas Industry | intent | April 25, 2025 | Comment off

This agreement makes Calpine the sixth CCS customer of ExxonMobil, bringing the latter’s total amount of CO2 under contract to about 16 MTA, ExxonMobil said. The CO2 from Calpine’s facility will tie into ExxonMobil’s CO2 pipeline system, the largest in the world, which is strategically located along the U.S. Gulf Coast and supports enhanced oil recovery as well as permanent CO2 sequestration, according to ExxonMobil.

MODEC Scores Hammerhead FPSO Job from ExxonMobil

Oil & Gas‚ Oil and Gas Industry | intent | April 23, 2025 | Comment off

MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project. MODEC said in a media release the contract is a Limited Notice to Proceed (LNTP) hinging on government and regulatory approvals.

MODEC secures ExxonMobil contract for Hammerhead FPSO in Guyana

Oil & Gas‚ Oil and Gas Industry‚ Uncategorized | intent | April 22, 2025 | Comment off

The contract, issued as a Limited Notice to Proceed (LNTP), allows MODEC to begin early-phase work on the FPSO while awaiting regulatory and government approvals. Phase one of the project will involve front-end engineering and design (FEED), followed by engineering, procurement, construction, and installation (EPCI) in phase two—pending final project sanction by ExxonMobil Guyana and its Stabroek Block co-venturers.

The Hammerhead FPSO will have a production capacity of 150,000 barrels of oil per day, along with processing facilities for associated gas and water. It will be moored in approximately 1,025 meters of water using a SOFEC spread mooring system.

The LNTP enables MODEC to begin FPSO design activities to support an early project startup target of 2029, should approvals move forward.

ARC Secures LNG Sale to ExxonMobil Using Cedar LNG Offtake

Oil & Gas‚ Oil and Gas Industry | intent | March 13, 2025 | Comment off

ARC Resources Ltd. said Tuesday it has entered into a deal to sell all of its offtake from the under-construction Cedar LNG in Canada to Exxon Mobil Corp.

ExxonMobil selects Shearwater for new Guyana survey

Oil & Gas‚ Oil and Gas Industry | intent | February 25, 2025 | Comment off

Shearwater GeoServices has been awarded a contract by ExxonMobil Guyana to conduct a deepwater 4D ocean bottom node (OBN) reservoir surveillance programme offshore Guyana, Shearwater announced on Monday.

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