Esso News

ABL has been hired to support Esso Australia Resources as preparations advance for what the company described as Australia’s largest offshore decommissioning campaign in the Bass Strait.The Gippsland Decommissioning Campaign #1 Project is expected to involve removal of up to 13 offshore platforms beginning in 2027 using Allseas’ Pioneering Spirit vessel.Esso, a subsidiary of ExxonMobil, operates the Bass Strait assets as part of the Gippsland Basin Joint Venture. The infrastructure includes around 400 wells…

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India. The contract is firm for six months at a dayrate of approximately $90,000, starting in late November or early December 2024.Transocean has secured a binding letter of award from Reliance Industries for its 6th generation 12…

Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil, Gunnlod in Malaysia, and Norve in Gabon. Borr stated that these new commitments cover a total 1,779 days and $332 million in contract revenue, including mobilisation and demobilisation.North Oil Company has…

Kongsberg Maritime announced it has been awarded a further contract from Danish operator Tärntank to design and equip its 11th hybrid chemical tanker, which will be wind-assisted. This latest order brings the total of vessels ordered by Tärntank to 11, with the latest five featuring wind-assist technology.The new 15,000 dwt vessels are equipped with a range of Kongsberg Maritime technologies aimed at energy conservation and emission reduction. These hybrid tankers can operate on diesel…

Australia has awarded new offshore acreage for petroleum exploration and carbon capture and storage (CCS) opportunities.The Minister for Resources and Northern Australia Madeleine King will finalize permits for Esso and Beach Energy in the Otway and Sorrell Basins, with any discovered gas to support the domestic east coast market.Exploration permits will also be finalized for Chevron, INPEX, Melbana and Woodside Energy on Australia’s west coast. In addition, 10 permits will be finalized for carbon capture and storage exploration.“As ageing coal generation comes offline in coming years…

Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh, India.Shelf Drilling North Sea has secured a new 17-month contract for the 400-ft Shelf Drilling Winner (previously known as Noble Sam Turner) jackup rig with TotalEnergies EP Denmark.Drilling Activity and DiscoveriesThe…

Japan's MODEC said Monday it would proceed with engineering, procurement, and construction on the Uaru FPSO vessel following a final investment decision on the Uaru offshore oil project by ExxonMobil in Guyana last month.The Uaru FPSO is named ‘Errea Wittu’, which means ‘abundance,’ and will be the fifth offshore FPSO in Guyana and the first to be supplied by MODEC. The first four, two of which are now in production in the Stabroek block off Guyana, were/will be delivered by SBM Offshore.Apart from supplying the Errea Wittu FPSO…

Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow, a company spokesperson said.The industrial action is part of a nationwide movement against pension system changes that lift the retirement age two years to 64. The changes were forced through parliament without a vote last week.There is an increasing expectation of diesel supply shortages in France and Europe as a result of the strike-caused outages…

Japanese floating oil and gas production systems provider MODEC has signed a contract to perform Front End Engineering and Design (FEED) for an FPSO vessel for ExxonMobil's “Uaru” oil field development project offshore Guyana.The FEED contract award relates to the initial funding by ExxonMobil’s subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), to begin FEED activities related to the FPSO design and to secure the second M350TM hull for FPSO service.Following FEED and subject to government approvals in Guyana of the development plan…

KOTUG's subsidiary KOTUG Guyana has been awarded a second contract by ExxonMobil affiliate Esso Exploration and Production Guyana to support operations in Guyana. KOTUG’s latest addition, the 120 tonnes bollard pull strong SD Honour, will join the fleet of dedicated offshore terminal tugs supporting the two floating production, storage and offloading vessels (FPSOs), Liza Destiny and Liza Unity, on the Stabroek Block, offshore Guyana with static tow, push-pull duties and general…

Norwegian police said they had arrested 20 Greenpeace and Extinction Rebellion campaigners who on Monday blocked a tanker from delivering Russian oil to an Exxon Mobil terminal.In a protest against Russia's invasion of Ukraine, activists had fastened their red rubber dinghy to the Ust Luga's anchor chain, Greenpeace said, as they sought to prevent it offloading an estimated 95,000 tonnes of oil."Oil is not only at the root of the climate crisis, but also of wars and conflicts.

Greenpeace activists sought to block a tanker on Monday from delivering Russian oil to Norway, chaining themselves to the vessel in a protest against the war in Ukraine, the advocacy group said.The Ust Luga product tanker is currently anchored outside Exxon Mobil's Slagen oil terminal some 70 km (43 miles) south of the capital Oslo, according to vessel tracker Marine Traffic.Activists arriving in a small boat chained themselves to the tanker's anchor chain as they sought to prevent the offloading of a cargo estimated at 95…

ExxonMobil has awarded a long-term contract to offshore vessel owner DOF Subsea for the provisions of multi-purpose supply vessel services in Australia.The contract is for three years firm plus two one-year extension options. Under the contract, DOF will provide an MPSV to Esso Australia, an Australian Subsidiary of ExxonMobil."Preparatory support services associated with the contract are underway with the delivery of the vessel to follow later in 2022," DOF said.Mons S. Aase, CEO DOF ASA said: "This is our second long-term contract with Esso in Australia and a very important win for us.

Oil and gas major ExxonMobil on Wednesday announced two new oil discoveries offshore Guyana, at Fangtooth and Lau Lau wells, adding to previous recoverable resource estimate of 10 billion oil-equivalent barrels.The Fangtooth-1 well, drilled with the Stena DrillMAX drillship, encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs. The well was drilled in 6,030 feet (1,838 meters) of water and is located approximately 11 miles (18 kilometers) northwest of the Liza field. The Lau Lau-1 well, drilled by the Noble Don Taylor drillship, hit around 315 feet (96 meters) of high-quality hydrocarbon-bearing sandstone reservoirs.

Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana.Keppel Shipyard, responsible for the construction and integration of the topside modules with the China-built FPSO hull said Thursday it had delivered the FPSO to SBM Offshore. Once in Guyana, the FPSO will be deployed at ExxonMobil's Stabroek offshore block.Keppel O&M’s scope of work included the fabrication of several topside modules, the riser balcony…

Dutch marine services and towage company KOTUG said it has been awarded a long-term contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited (EEPGL) to provide offshore terminal towage support for operations in Guyana.KOTUG, through local entity KOTUG Guyana Inc., will employ a high-spec 130 tonnes bollard pull, DP-2 azimuth anchor-handling tug SD Power to provide support to the existing and upcoming floating production, storage and offloading units (FPSO) at the Liza Field in the prolific Stabroek Block offshore Guyana by providing towage assistance to export tankers…

MMA Offshore, the provider of marine solutions and expertise to the offshore oil and gas industry, has been awarded a number of new contract awards and extensions.AGR Australia has awarded MMA a two-vessel contract supporting the Noble Tom Prosser Rig as part of the Victorian government’s CarbonNet Project, said the Australian company.The contract is expected to start late this month with a duration of about 45 days, the owner and operator of 30+ offshore supply vessels said.Esso Australia Pty Ltd has awarded MMA a three-vessel contract, also supporting the Noble Tom Prosser Rig and commencing in direct continuation of the AGR contract.

Saipem has been awarded contracts for the second phase of the ExxonMobil led Liza development offshore Guyana.These contracts, assigned by Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of ExxonMobil, as the project operator, are in addition to those awarded to Saipem in 2017 for Liza Phase 1.Following engineering and subject to requisite government approvals, project sanction from the joint venture and an authorization to proceed with the next phase, Saipem will then perform detailed engineering, procurement, construction, and installation of the risers, flowlines, and associated structures and jumpers. Saipem will also transport and install umbilicals…

Dutch-based floating production, storage and offloading unit (FPSO) provider SBM Offshore has won a contract to deliver an FPSO for ExxonMobil’s second phase of the Liza development offshore Guyana.Esso Exploration and Production Guyana Limited (EEPGL), an affiliate of Exxon Mobil Corporation, has confirmed the award of contracts for the next phase of the Liza project in Guyana, said a press release from SBM.Under these contracts, SBM Offshore will construct, install and thereafter lease and operate for up to two years the Liza Unity FPSO. This follows completion of front-end engineering studies, receipt of requisite government approvals…

Swedish shipping company Sirius Shipping Sirius Shipping has taken delivery of its first 7999-dwt LNG-ready oil/chemical tanker Saturnus from the Avic  Dingheng Shipyard  in China.The Backman family- founded company said in a press release that the work to develop the Evolution concept started six years ago with the purpose to develop a vessel design where the entire underwater body, hull, rudder and propeller would be designed and chosen to obtain the best possible hydrodynamic shipdesign.In combination with a slow speed two stroke diesel engine the Evolution vessels will be considerably more fuel efficient than any other delivered tanker this size…

Exxon Mobil Corp said it has commenced development drilling in the first of three offshore Guyana projects, which could produce more than 500,000 barrels of oil per day. Development drilling began in May for the first of 17 wells planned for Liza Phase 1, the company said.So far, Exxon Mobil and its co-venturers have discovered more than 3.2 billion oil-equivalent barrels estimated recoverable resources on the 6.6 million acre Stabroek Block.Liam Mallon, president of ExxonMobil Development Company…

ExxonMobil and the Hess Corporation announced an eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block. The companies said approximately 78 meters of high-quality, oil-bearing sandstone reservoir was encountered. The well was drilled to 5,504 meters depth in 1,940 meters of water by the Stena Carron drillship on May 25, 2018. The Longtail-1 well is located approximately 5 miles west of the Turbot-1 well and follows previous discoveries on the Stabroek Block at Liza…

Exxon Mobil Corporation announced its sixth oil discovery offshore Guyana since 2015, following positive results from its Ranger-1 exploration well. The Ranger-1 well discovery adds to previous discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which are estimated to total more than 3.2 billion recoverable oil-equivalent barrels. ExxonMobil affiliate Esso Exploration and Production Guyana Ltd. began drilling the Ranger-1 well on November 5, 2017 and encountered approximately 70 meters of high-quality, oil-bearing carbonate reservoir.