Home Tags Liza Phase 1

Tag: Liza Phase 1

Guyana seeking firm to market Liza Crude

Guyana’s Department of Energy (DE) has put out a request for Expressions of Interest (EOI) from companies looking to provide marketing services to the...

Guyana’s share of Liza crude to be traded at around minus...

Oil production at the Stabroek Block offshore Guyana will see the South American country cashing in on 5 million barrels of oil in 2020...

Guyana produced 427,282 barrels of oil from December 20-31

Guyana’s Ministry of Finance in a report on February 17 stated that petroleum production for December 2019 amounted to 427,282 barrels or 35,607 barrels...

Coronavirus pushing oil price decline as Guyana government prepares to lift...

As the government in the South American country of Guyana prepares to lift its first shipment of oil from the Liza Phase 1 Development,...

Liza Phase 1 approaching 75,000 barrels per day

Oil production at Guyana’s first ever offshore development – Liza Phase 1 - is ramping up with daily output now around 75,000 barrels per...

Liza Phase 1 cost expected to be around US$1 billion below...

Development cost for the 120,000 barrels per day Liza Phase 1 project offshore Guyana has been reduced by close to US$1 billion according to...

Guyana deepwater off to spectacular 2020 start

The new year began in Guyana with the first oil lift followed by ExxonMobil’s 16th discovery and the addition of more than 2 billion barrels...

Liza crude will attract interest from refineries as far away as...

Refineries in the US Gulf of Mexico (USGC) and China are expected to take particular interest in the crude being produced in the South...

Demand for oil will remain above 100 million barrels per day...

The global demand for oil is expected to remain over 100 million barrels per day according to Saudi Aramco CEO Amin Nasser, signaling good...

Dozens gather in Georgetown for first glimpse of ‘light sweet’ Liza...

Guyanese onshore will now have an opportunity to see first-hand a sample of the black gold being produced 120 miles off of its coast...