In the wake of equipment problems on its offshore platform, ExxonMobil yesterday said that it has cut oil production but it didn’t say by how much and there is no word on the volume of gas being flared which has become a major environmental issue.
Flaring is likely to go on for some time at the Liza Destiny Floating Production, Storage and Offloading (FPSO) platform until an assessment and subsequent repair of the gas compressor that malfunctioned by the manufacturer in Germany.
Yesterday, Natural Resources Minister Vickram Bharrat told Stabroek News that production per day offshore remains around 115,000 to 120,000 barrels per day (bpd), which was at odds with what Exxon said.