WITH rapidly growing oil production, Guyana is on the verge of becoming the world’s largest oil producer per capita, ...

MUR's unit acquires an FPSO in the Gulf of America, which will assist its future expansion of offshore production in the region.

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 ...

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 ...

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 ...

EnerMech and SBM Offshore delivered work for all three FPSOs currently producing in the field: Liza Destiny, Liza Unity, and Prosperity. The One Guyana FPSO, for ExxonMobil Guyana’s Yellowtail ...

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

Introduction The main purpose of this week’s column on the Guyana National Budget 2025 and the  oil and gas sector is two-fold; first, to bring discussion ...

He reiterated that Guyana’s assets, including the FPSO Prosperity, are lawfully operating within the country’s EEZ. It was also reported that the Venezuelan patrol vessel transmitted a radio ...