Exxon commences oil recovery from Guyana’s second offshore development

Rigzone, the international online resource for news on the oil & gas industry reported earlier this week that ExxonMobil has commenced oil recovery from Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, a development which it says now brings the country’s overall production capacity to upwards of 340,000 barrels per day, just seven years following the company’s 2015 announcement of ‘first oil’ offshore Guyana.

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