Italy’s engineering, drilling, and construction services giant Saipem has received the green light to move forward with its multimillion-dollar assignment on an offshore oil project in the Stabroek block off the coast of Guyana from ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil.

Stabroek Guyanese Shen Da Hoop Shorebase Liza Phase Hess Guyana Exploration Petroleum Guyana Italy Following EPCI Italian LNTP SURF Vreed-en-Hoop VEHSI