ExxonMobil commissions Payara field offshore Guyana
The field is expected to bring the total production capacity in Guyana waters to approximately 620,000 barrels per day (bpd).
15 November 2023
15 November 2023
The field is expected to bring the total production capacity in Guyana waters to approximately 620,000 barrels per day (bpd).
The Poseidon project will have a total annual storage capacity of up to 40 million tonnes.
The company plans to produce around 750 million cubic feet per day (mcfd) of raw gas from the South Ghawar field.
Kuwait Foreign Petroleum Exploration Company's (KUFPEC) assets on the Norwegian Continental Shelf (NCS) include several producing fields.
The project will have peak production capacity of about 37,000 barrels of oil equivalent per day (boepd).
Benchmark’s existing lead investor, McArron Partners, will retain its investment in the oil and gas company.
The Barnett Zero carbon capture and storage (CCS) facility will have an average sequestration rate of up to 210,000 tonnes (t) of carbon dioxide (CO₂)-equivalent annually.
Ocean Installer and Petro will undertake umbilical recovery and reinstallation work on the Pazflor FPSO.
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