Deepwater offshore fields, depths of over 1,200 meters, like those developed in Guyana and Suriname, are among the most difficult and slowest to develop. Russia’s Crude Oil Shipments Slump.

Saipem, the Italian energy industry services company, has secured offshore oil and gas field construction contracts in Guyana and Egypt worth some US$ 1.2 billion in total In Guyana, the U.S. oil ...

located 200 kilometres offshore Guyana in water depths of 1690 metres. Current development plans for the Uaru field include the drilling of between 40 and 76 wells, with first oil anticipated ...

The road to first oil was expedited as ... These include the One Guyana FPSO to produce from the Yellowtail field, the Errea Wittu FPSO to operate in the Uaru development and the Jaguar FPSO ...

Guyana's fourth oil floating production storage and offloading facility is expected to depart for the country in next year's Q1, Hess (NYSE:HES) CEO John Hess said Wednesday, according to Reuters.