Following reviews of the technical and environmental aspects of the Liza Project Development Plan that was submitted by Esso Exploration and Production (Guyana) Ltd (EEPGL) in December, 2017, the Government is expected to grant a production licence to ExxonMobil for production of petroleum to move ahead in 2020.
This was announced by the government last evening and comes following the huge offshore find by the US conglomerate in the Stabroek Block in 2015.