Amsterdam, 15 Jan. 2024–The Guyana-Suriname basin is projected to add 950,000 barrels of oil per day (b/d) to market supply, with four projects to come on stream in the period 2025-2028. One floating production, storage and offloading (FPSO) vessel will start operations each year in the period.
1. ONE GUYANA (Yellowtail project)
– Developers: ExxonMobil, Hess, and CNOOC.
– Builder: SBM Offshore.
– Target Reservoirs: Yellowtail and Redtail.
– Oil Production Capacity: 250,000 barrels per day.
– Expected Delivery Date: 2025.
– Project Cost: US$10 billion.
2. Errea Wittu (Uaru project)
– Developers: ExxonMobil, Hess, and CNOOC.
– Builder: MODEC
– Target Reservoirs: Uaru, Mako, and Snoek.
– Oil Production Capacity: 250,000 barrels per day.
– Expected Delivery Date: 2026.
– Project Cost: US$12.7 billion.
3. Jaguar (Whiptail project)
– Developers: ExxonMobil, Hess, and CNOOC.
– Builder: SBM Offshore
– Target Reservoirs: Whiptail, Pinktail, and Tilapia.
– Oil Production Capacity: 250,000 barrels per day.
– Expected Delivery Date: 2027.
– Project Cost: US$12.9 billion.
– Developers: TotalEnergies, APA.
– Delivered by: TBD
– Target Reservoirs: Spakara South, Krabdagu.
– Oil Production Capacity: 200,000 barrels per day.
– Expected Delivery Date: 2028.
– Project Cost: US$9 billion.
The ExxonMobil-operated Whiptail project and TotalEnergies’ Suriname project have not been sanctioned yet. The Guyana government is expected to approve Whiptail in the first quarter of 2024, and Total’s development plan is expected to be submitted later this year. eyesonsuriname
eyesonbrasil 1. The Ignored Warning: The 2040 Study In 2040, a study commissioned by the…
eyesonbrasil Introduction The Oxford-AstraZeneca Covid vaccine has been a crucial tool in the fight against…
eyesonbrasil 1. A Beacon of Hope Amidst the Deluge In the wake of the devastating…
eyesonbrasil Introduction In recent times, the delicate balance of democracy has been tested in both…
eyesonbrasil 1. Solidarity Change for Affected Families The Havan chain of stores is making a…
Storms in SE Brazil eyesonbrasil 4 May 2024--The number of fatalities in Southeastern Brazil was…
This website uses cookies.