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Stock impact report

Exxon Mobil's Liza Unity FPSO in Guyana hit peak output of 252,000 bpd -executive [Reuters]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Reuters
its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday. The consortium, which includes Exxon, Hess and CNOOC , expects to inaugurate output next year using its newest vessel, called One Guyana, Routledge said in remarks at the Offshore Technology Conference. Report this ad New wells in the deepwater Stabroek block, home to the largest oil discovery in nearly a decade, are being completed in an average of 35 days, a record low for deepwater projects, he said. "Guyana will become the second largest oil producer in Latin America after Brazil, soon," Routledge said. "This is a tremendous operation... with the sixth project, we will have 500 kilometers (311 miles) of flowlines in total." For their fifth offshore project, called Uaru, the group has hired Mitsui Ocean Development & Engineering Co. (Modec) to build the Floating Production Storage and Offloading (FPSO) vessel. A sixth project, called Whiptail, was recently sanctioned, an Show less Read more
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