By the end of November 2023, the Payara project was completed ... made in 2015 with Exxon’s Liza-1 exploration well, to the first oil in 2019. This is incredible because it usually takes ...

The purchase of the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel by ExxonMobil Guyana Limited (EMGL), was recently completed for US$535 million, meaning that EMGL now directly ...

US supermajor ExxonMobil is completing a significant milestone this month at one of its most successful developments ...

GUYANA’S offshore oil industry has emerged as one of the most successful deep-water developments globally, driven by ...

It began production at XOM’s Payara field starting Nov. 14, 2023. The Payara development was the third oil project being developed in the prolific Starbroek Block offshore Guyana. SBM Offshore ...

Five years on, the statistics are staggering. ExxonMobil’s operations, in partnership with Hess and CNOOC, have reached a production capacity of approximately ...

Exxon’s latest oil discoveries in offshore Guyana were with ... These include the 220,000 barrel per day Payara project which was approved by Guyana’s government in Georgetown during September ...

ExxonMobil is producing about 650,000 barrels per day of oil in the Stabroek block offshore Guyana from the Liza and Payara fields via the Liza Destiny, Liza Unity and Prosperity floating ...