Murphy Oil Corporation MUR recently announced that its unit has entered into a Purchase and Sale Agreement to acquire the BW ...

NO threats to Guyana’s territorial sovereignty will be tolerated, President Dr. Irfaan Ali has said, while reaffirming the country's commitment to diplomacy ...

Ralph Gonsalves, who is serving as the principal interlocutor between Guyana and Venezuela as part of the December 2023 ...

The Venezuelan patrol ship that entered Guyana’s waters Saturday and positioned itself near a vessel contracted by Exxon ...

CEO Oivind Tangen highlighted record achievements in revenue and EBITDA, driven by three new FPSO awards and the purchases of Prosperity and Liza Destiny by ExxonMobil Guyana. He announced a ...

ExxonMobil late last year completed the $1 billion-plus purchase of the Prosperity FPSO from Dutch floating production specialist SBM Offshore, which will continue operating and maintaining the ...

Guyana’s Ministry of Foreign Affairs and International Cooperation, noted that the country has informed the Court that the planned Venezuelan elections are ...

He said that the vessel approached various oil and gas assets including FPSO Prosperity. The vessel later moved in the direction of other FPSOs. Ali said that Guyana has already alerted its ...

the completion of FPSO Prosperity during the last quarter of 2023 as well as a delay in the start-up of FPSO Sepetiba early 2024, and (iii) a comparatively lower level of progress on both FPSOs ...

The acquisition of FPSOs provides additional advantages to the oil and gas operators, and that has prompted ExxonMobil XOM to acquire a FPSO vessel, Prosperity, from SBM Offshore in 2024 for $1.23 ...