Preparations are underway for ExxonMobil’s third oil production project offshore Guyana at the Payara field. The Maritime Administration Department said in a notice the developmental area is situated approximately 102.27nautical miles (189.4 kilometers) from the Coast of Guyana and covers an area of 136.8 square nautical miles (469.3 square kilometer). The first Payara development well … Continue reading Payara development work progressing, will push output above 580,000 bpd