On the heels of its partner Hess boasting of its Guyana’s offshore operations being pivotal to its projected financial gains, oil major ExxonMobil has lauded this year’s five discoveries and echoed similar sentiments even as it believes that more gains will be made in 2019.
In a ‘Year in Review’ ad in the newspapers yesterday, ExxonMobil recapped its 2018 operations here saying that not only has it “been an exciting year; a lot has happened” but that “there’s still so much more to come.”
Hess officials have said that operations at the Payara prospect in the Stabroek Block are expected to be sanctioned along with the Liza Phase 2 operations in 2019. The Payara operation, according to Hess, could see this country pumping some 500,000 barrels of oil by 2023.