PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 21.Apr.2025) — ExxonMobil Guyana Limited awarded MODEC, Inc. a contract to develop a floating production, storage, and […]
Tag: Cnooc
ONE GUYANA FPSO reaches Guyana, joins Destiny, Unity and Prosperity in Stabroek
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 16.Apr.2025) — The ONE GUYANA floating, production, storage and offloading (FPSO) unit, the fourth to operate in […]
INEOS Energy wraps up acquisition of CNOOC US Gulf Coast assets
ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 2.Apr.2025) — INEOS Energy completed the acquisition of the US Gulf business held by CNOOC Energy Holdings U.S.A. […]
CNOOC Limited announces 2024 annual results
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Mar.2025) — CNOOC Limited and 80883 announced 2024 annual results for the year ended 31 Dec. 2024, which […]
EnerMech inks pre-commissioning deal for ONE GUYANA FPSO by SBM Offshore
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 3.Mar.2025) — EnerMech, which specializes in integrated solutions for complex projects around the world, has been selected […]
FPSO Almirante Tamandaré Comes Online in the Pre-Salt Santos Basin
BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 15.Feb.2025) — The floating production storage and offloading (FPSO) unit Almirante Tamandaré (Búzios 7) — with production […]
ExxonMobil’s Payara Celebrates 100 MMbbls of Oil Produced in Just 15 Months
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Feb.2025) — ExxonMobil Corporation, which operates the Stabroek Block offshore Guyana, celebrated 100 million barrels (MMbbls) of oil […]
Exxon Applies for Longtail Environmental Permits: Reuters
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 13.Feb.2025) — Spring, Texas-based ExxonMobil Corporation has reportedly applied for environmental permits related to its Longtail development […]
ExxonMobil Eyes Yellowtail Development Startup Offshore Guyana in 3Q:25
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 31.Jan.2025) — ExxonMobil Corporation expects the startup of the 250,000 barrel per day (b/d) Yellowtail development in the […]
CNOOC Limited Eyes Net Production of 2 MMboe/d in 2025
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025) — CNOOC Limited announced its business strategy and development plan for the year 2025. CNOOC eyes its […]
CNOOC Fined £825,000 for North Sea Flaring or Venting Breaches
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 9.Jan.2025) — The North Sea Transition Authority (NSTA) has imposed a penalty of £125,000 on CNOOC Petroleum Europe […]
FACT SHEET: $30.25/bbl breakeven for first 4 Stabroek developments offshore Guyana
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 9.Jan.2025) — Not even crude oil prices down to $35/bbl will impact the ability of 4 projects […]
FPSO Alexandre de Gusmão Leaves China for Brazil
(Aaron Simonsky, Energy Analytics Institute, 23.Dec.2024) — The floating production storage and offloading (FPSO) Alexandre de Gusmão has left the COSCO Shipping (Qidong) Offshore shipyard […]
ExxonMobil Completes Purchase of FPSO Liza Destiny Offshore Guyana
(Piero Stewart, Energy Analytics Institute, 19.Dec.2024) — SBM Offshore and Exxon Mobil Corporation affiliate ExxonMobil Guyana Ltd. completed a transaction related to the purchase of […]
Exxon-led Consortium Offshore Guyana Brings Money, Builds Production
CARACAS, VENEZUELA (Piero Stewart, Energy Analytics Institute, 18.Dec.2024) — ExxonMobil Corporation, with the previous announcement of the Hammerhead and Longtail projects offshore Guyana, looks to […]
CNOOC Divests US GOM Business to INEOS Energy
(Steve Stewart, Energy Analytics Institute, 14.Dec.2024) — Multinational chemical company INEOS Energy acquired the US Gulf of Mexico (GOM) business held by CNOOC Energy Holdings […]
Indonesia’s Tangguh LNG Project Reaches $7bn FID
(Energy Analytics Institute, 22.Nov.2024) — The joint venture (JV) partners of the Tangguh LNG Project led by bp, the project operator, have reached a Final […]
SBM Offshore Completes $1.5bn FPSO Jaguar Financing
(Piero Stewart, Energy Analytics Institute, 21.Nov.2024) — SBM Offshore completed the project financing of the floating production storage and offloading (FPSO) vessel Jaguar for a […]
Exxon, Hess and CNOOC Hit 500 MMbbls Milestone Offshore Guyana
HOUSTON, TEXAS (Pietro D. Pitts, Energy Analytics Institute, 13.Nov.2024) — ExxonMobil Guyana Limited and its Stabroek Block co-venturers, Hess Corporation and CNOOC reached an offshore […]
Mero 3 FPSO Starts Production in Libra Pre-salt Offshore Brazil
(Energy Analytics Institute, 30.Oct.2024) — Brazil’s state-owned Petrobras announced that on 30 Oct. 2024 the Marechal Duque de Caxias platform ship (Mero 3) has started […]
Hess Says its Net Production in Guyana in the 3Q:24 Rose 57% YOY
(Energy Analytics Institute, 30.Oct.2024) — New York City-based Hess Corporation said its net production in the prolific Stabroek Block offshore Guyana was 170,000 b/d in […]
CNOOC Africa Inks EDPC with Midland Oil Company in Iraq
(Energy Analytics Institute, 29.Oct.2024) — CNOOC Limited’s wholly owned subsidiary, CNOOC Africa Holding Ltd., entered into an Exploration, Development & Production Contract (EDPC) with Midland […]
CNOOC Says Xijiang 30-2 Oilfield Xijiang 30-1 Development Starts Production
(Energy Analytics Institute, 21.Oct.2024) — CNOOC Limited and 80883 announced that the Xijiang 30-2 Oilfield Xijiang 30-1 block development project commenced production ahead of schedule. The […]
CNOOC Inks 4 Contracts for Blocks Offshore Brazil
(Energy Analytics Institute, 17.Oct.2024) — CNOOC Limited’s wholly owned subsidiary, CNOOC Petroleum Brasil Ltda, entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian […]
Petrobras Inks 3 Concession Pelotas Basin Contracts
(Energy Analytics Institute, 9.Oct.2024) — Petrobras signed the three remaining concession contracts from the 4th Permanent Concession Offer Cycle. The concessions were acquired in partnership […]
CNOOC Brings Online Bozhong 19-2 Oilfield Development Project
(Energy Analytics Institute, 7.Oct.2024) — CNOOC Limited and 80883 said the Bozhong 19-2 Oilfield Development Project has started production. Peak production from the project is […]
Chevron Agrees Hess CEO Will Not Join Board in Deal with US Regulator, Bloomberg Reports
(Reuters, 26.Sep.2024) — U.S. energy major Chevron has agreed Hess CEO John Hess will not join its board in an agreement with the U.S. Federal […]
TotalEnergies to Supply 1.25 Mt/y of LNG to CNOOC until 2034
(TotalEnergies, 19.Sep.2024) — In line with its strategy to grow its long-term liquefied natural gas (LNG) sales, TotalEnergies announces a 5-year extension of its sales and […]
Exxon Plans New Guyana Oil Project to Lift Output Into 2030s
(Bloomberg, 18.Jul.2024) — Exxon Mobil Corp. took the first step toward its seventh oil project in Guyana, a clear signal the supermajor intends to expand crude […]
CNOOC Mades Major Exploration Breakthrough in Bohai Bay
(CNOOC, 15 July 2024) – CNOOC Limited has achieved a major exploration breakthrough in Mesozoic buried hill offshore Bohai Bay. Longkou 7-1 oilfield is located […]