SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed a purchase transaction for the FPSO Prosperity. The purchase allows ExxonMobil Guyana to assume ownership of the unit while SBM Offshore will continue to operate and maintain the FPSO up to 2033.
Canadian investment firm expands stake in Namibia’s Orange Basin as exploration momentum builds
Oregen Energy has expanded its position in Namibia’s emerging Orange Basin, one of the world’s...