EQNR divests its Peregrino stake to Prio for $3.5 billion. Despite the exit, Equinor says that it remains committed to Brazil ...

The two-part agreement, with Equinor Brasil Energia Ltda., will see Prio Tigris, a subsidiary of Prio SA, acquire 40% and operatorship of Peregrino in the first part, and an ...

Equinor will continue to manage the Peregrino field until the transaction is finalised, after which PRIO will assume control.

Equinor Brasil Energia, a subsidiary of Equinor, has entered into agreements with Brazilian company Prio Tigris, a subsidiary ...

Modec on Monday said that it has been awarded the contract for the Hammerhead FPSO on a Limited Notice To Proceed (LNTP) basis by ExxonMobil Guyana, pending necessary government and regulatory ...

MODEC has been awarded a contract by ExxonMobil Guyana to develop an FPSO for the Hammerhead project. The Hammerhead FPSO will have the capacity to produce 150,000 barrels of oil per day (BOPD), along ...

THE much-anticipated ONE GUYANA Floating Production, Storage and Offloading (FPSO) vessel arrived in Guyana’s waters last Tuesday. Slated for operations in the Yellowtail development, it joins the ...

ExxonMobil received the ONE GUYANA FPSO to operate in the Yellowtail development area offshore Guyana. With initial production capacity of 250,000 b/d and overall storage volume of 2 million bbl ...

The One Guyana Floating Production, Storage and Offloading (FPSO) vessel arrived in local waters yesterday. Built by SBM Offshore, the vessel will support ExxonMobil’s Yellowtail development ...

ExxonMobil Guyana has confirmed the arrival of the One Guyana Floating Production, Storage and Offloading (FPSO) vessel in Guyanese waters, marking a major milestone for the country’s offshore ...

SBM Offshore has signed a $400 million non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for an 8-year duration, the deepwater company said April 9. Cidade de Paraty is ...