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ExxonMobil Country Manager receives Production License from Guyana Minister of Natural Resources - 15 June 2017

ExxonMobil Country Manager Rod Henson receives Production License
from Minister of Natural Resources Raphael Trotman
Georgetown – Guyana – June 15, 2017
Photo Credit: Guyana Ministry of Natural Resources

On June 15, 2017, Guyana tied the knot with ExxonMobil with the signing of a production license for the extraction of oil and natural gas, located offshore the Caribbean/South American nation with a population of 800,000 people. With this license, together with the Environmental Permit granted on June 1st, ExxonMobil will proceed with the Liza Phase 1 development. Located 120 miles offshore in an area known as the Stabroek Block, the Liza field development includes a subsea production system and a floating production, storage and offloading (FPSO) vessel designed to produce up to 120,000 barrels of oil per day. Exxon and its partners plan to begin production by 2020.

ExxonMobil’s press release on June 16th states: “Phase 1 is expected to…

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4 thoughts on “Guyana ties the knot with ExxonMobil

  1. Robert, posted this over on her blog-post, thought you’d enjoy it as well Sir…

    Rosaliene, been reminded recently of this incredibly rhythmic beautiful song by Oceanlab given the USA’s withdrawal from the Paris Agreement and America’s complacency or apathy about the health/sickness of our one and only Pale Blue Dot and the redirection of American businesses. Think this song is still appropriate after a decade… 😦

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