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Saturday, October 24, 2020

Worley Parsons to review ExxonMobil’s development plan

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The Government of Guyana has contracted Australian resources and energy consultants Worley Parsons to review ExxonMobil’s initial development plan in preparation for petroleum production from its Stabroek Block come 2020.

This review is necessary for determining whether the oil giant will be granted a production licence to pursue oil extraction in its Stabroek Block. The company through its local subsidiary Esso Exploration and Production Guyana Limited had in November 2016 officially indicated that the Liza find was of commercial quantities and that they desired to move towards production of these hydrocarbon resources.

In early December 2016, ExxonMobil submitted its application for a production license and its initial development plan for the Liza field to the Ministry of Natural Resources. The plan details development drilling, operation of the Floating Production, Storage and Offloading vessel (FPSO), and the related subsea apparatus.

Worley Parsons is a professional services business which provides expertise in engineering, procurement and construction in the hydrocarbons, minerals, chemicals and infrastructure sectors.

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