ExxonMobil Guyana President Alistair Routledge on Thursday said the company’s current cache of offshore projects and those in the pipeline represent approximately US$30 billion in direct foreign investment in the country and that it will generate billions more.
“The Liza Destiny [FPSO vessel] began production in December 2019… The Liza Unity arrived in Guyanese waters in late October and is expected to begin production early next year. Its production target is 220,000 barrels per day, a significant almost threefold increase from the Liza Destiny. We have a third project approved by the government last year, Payara. The Prosperity [FPSO] is under construction in Singapore and is expected to sail for Guyana in 2023.