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ExxonMobil announces significant oil discovery at Whiptail, offshore Guyana

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The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs. The Stabroek Block is 6.6 million acres (26,800 square kilometers).

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ExxonMobil discovery at Uaru-2 offshore Guyana; block recoverable resource estimate upped to 9B barrels oil-equivalent

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ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana ( earlier post ). Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Source: ExxonMobil. Earlier post.)

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Neste Oil to recover CO2 at its renewable diesel refinery in Singapore

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Neste Oil Singapore Pte Ltd and National Oxygen Pte Ltd (NOX), one of the one of the largest industrial gas manufacturers in Singapore, have signed an agreement to install a carbon dioxide recovery and liquefaction plant at Neste Oil’s renewable diesel (NExBTL) refinery in Singapore.

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Singapore Airlines & CAAS partner on “Green Package” flights; biofuels, optimized operations and fuel-efficient A350-950

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Singapore Airlines (SIA), in partnership with the Civil Aviation Authority of Singapore ( CAAS ), has started operating a series of 12 “green package” flights over a three-month period on its non-stop San Francisco-Singapore route. In May 2011, CAAS and SIA launched regular ASPIRE flights on the Los Angeles-Singapore route.

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ExxonMobil to proceed with $9B Payara development offshore Guyana

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Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, storage and offloading (FPSO) vessel. The $9-billion development will target an estimated resource base of about 600 million oil-equivalent barrels.

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ExxonMobil makes two more discoveries offshore Guyana

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ExxonMobil made two oil discoveries at Fangtooth-1 and Lau Lau-1 in the Stabroek block offshore Guyana. These discoveries will add to the previously announced recoverable resource estimate for the block, of 10 billion oil-equivalent barrels. The Stabroek block is 6.6 million acres (26,800 square kilometers).

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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. Olmer et al.

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