TechnipFMC dealt in to ExxonMobil’s Guyana project
TechnipFMC will provide ExxonMobil with subsea equipment for the Liza deep water project off Guyana.
Guyana
ExxonMobil in new Guyana discovery
US oil giant ExxonMobil said yesterday that it had struck oil after drilling a new well offshore Guyana.
ExxonMobil makes additional oil discoveries offshore Guyana
ExxonMobil said additional discoveries have been made offshore Guyana.
Exxon’s Liza find in Guyana confirmed as commercial
ExxonMobil has fast-tracked its Stabroek block project offshore Guyana.
ExxonMobil makes ‘significant’ discovery offshore Guyana
ExxonMobil has confirmed a 'significant' oil find offshore Guyana.
EV Insights: How Guyana oil discovery could transform country’s economy
A discovery in waters off the coast of Guyana is estimated to hold natural gas riches which could be up to 12 times more valuable than the country’s economy. The Liza-1 well is estimated to have more than 700 million barrels of oil and could begin producing crude by the end of the decade.
Exxon’s Guyana oil discovery may be 12 times larger than economy
An Exxon Mobil Corp. discovery in the Atlantic Ocean off Guyana may hold oil and natural gas riches 12 times more valuable than the nation’s entire economic output. The Liza-1 well, which probably holds the equivalent of more than 700 million barrels of oil, may begin producing crude by the end of the decade, Raphael Trotman, the South American country’s minister of governance, said in an interview. The prospect would be on par with a recent Exxon find at the Hadrian formation in the Gulf of Mexico, and would be worth about $40 billion at today’s international crude price.