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Liza Phase 2 targeted for 2023; proposed natural gas project being...

The ExxonMobil Liza Phase 2 development project in Guyana could start as early as 2023, following the commencement of Phase 1 scheduled for mid-2020...

ExxonMobil confirms award of contracts to SBM for Liza project in...

ExxonMobil has formally confirmed the award of contracts to SBM Offshore for the next phase of the Liza project in Guyana. Under these contracts,...

Hess to sell enhanced oil recovery assets in Permian Basin

Hess Corporation said on Monday it has entered into an agreement to sell its interests in enhanced oil recovery (EOR) assets in the Permian...

ExxonMobil to provide plan for sourcing goods and services in Guyana,...

US super-major ExxonMobil will have to provide a detailed plan to the Guyana government for the procurement of goods and services in the country...

450 million barrels of oil will be produced in Phase-1 Liza...

Approximately 450 million barrels of oil will be produced in the first phase of the Liza oil field development, 120 miles offshore Guyana. The Liza...

ExxonMobil makes final investment decision for Liza phase-1 development

Exxon Mobil Corporation said Friday it has made a final investment decision to proceed with the first phase of development for the Liza field, one...

ExxonMobil gunning for pay sands at Payara-2 well

Following on the success of the Liza, Payara and Snoek wells offshore Guyana, US super-major ExxonMobil and its partners Hess and CNOOC Nexen will...

ExxonMobil says royalty, terms apply to entire Stabroek block offshore Guyana

The royalty and terms outlined in the production sharing contract between ExxonMobil and Guyana will apply to the entire area known as the Stabroek...

Exxon awards EPCI contract to Saipem for Liza development

ExxonMobil has awarded a new Engineering, Procuring, Construction and Installation (EPCI) contract to Saipem for the Subsea Umbilicals Risers Flowlines (SURF) package of the...

ExxonMobil targets mid-year sanction for Liza first phase

“When you think about the full scope of our development in Guyana, and clearly, the higher the resource density, the more profitable it's going...