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18-Jul-2020 15:36
IRVING, Texas — Exxon Mobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), today announced that it has awarded contracts to SBM Offshore for a floating production, storage and offloading (FPSO) vessel, a key step in moving the Liza field toward first production.IRVING, Texas — Exxon Mobil Corporation (NYSE: XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million and 1.4 billion oil-equivalent barrels.Drilling targeted similar aged reservoirs as encountered in previous discoveries at Liza and Payara.IRVING, Texas — Exxon Mobil announced today positive results from its Payara-1 well offshore Guyana.IRVING, Texas – Exxon Mobil said today it has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals.Liza Phase 2 will produce up to 220,000 barrels of oil per day and further capitalize on the significant development potential of the Stabroek Block, where Exxon Mobil estimates producing more than 750,000 barrels of oil per day by 2025.Barbara Atherly, for presiding over the proceedings this evening and for her kind introduction.green with a red isosceles triangle (based on the hoist side) superimposed on a long, yellow arrowhead; there is a narrow, black border between the red and yellow, and a narrow, white border between the yellow and the green; green represents forest and foliage; yellow stands for mineral resources and a bright future; white symbolizes Guyana's rivers; red signifies zeal and the sacrifice of the people; black indicates perseverance A satellite image showing an area along the Guyana coast: water ranges in color from electric blue to navy, vegetation appears bright green, and clouds appear pale blue-green and cast shadows.
The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block.
IRVING, Texas — Exxon Mobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.
IRVING, Texas — Exxon Mobil said today it has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels and has advanced its evaluation to support a third phase of development and consideration of two additional phases.
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Permanent Representative of Guyana to the United Nations, Ambassador Michael Ten-Pow, was invited to deliver the keynote address at the 7th Annual Celebration by the Wallace Temple AME Zion Church of its Missions Ministry in the Caribbean and Africa.
