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Guyana: ExxonMobil reconfirms March 2020 for first barrel of oil production

Guyana: ExxonMobil reconfirms March 2020 for first barrel of oil production

Vice President of ExxonMobil Development Company, Lisa Walters presents a model oil barrel to Minister of Natural Resources, Raphael Trotman.

ExxonMobil on Tuesday June 12, 2018 reconfirmed that Guyana will pump up its first barrel of oil in March 2020, even as the Guyana government continued to fend off criticisms of the 2016 production sharing agreement.

Vice President of ExxonMobil Development Company, Lisa Walters said work was well advanced by several companies in Singapore, Brazil and the United States Gulf Coast to ensure that commercial oil production begins in less than two years. “We are on track for first oil in March of 2020,” she said. “In just a little over a year and a half, the Liza Destiny will deliver its first oil to its first tanker offshore,” she added.     Continue reading

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