Exxon seeks permit for its eighth oil, gas project in Guyana as output rises
A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will generate gas not linked to oil production, and to explore another well at its massive offshore block, the head of the U.S. oil major in Guyana said on Wednesday. The group is getting ready for a very active year in the South American nation following upgrades that boosted the capacity of two of its three floating facilities, and the expected arrival of a fourth vessel in the coming weeks, which will expand its total output capacity to around 940,000 barrels per day (bpd), Alistair Routledge, president of Exxon Guyana, said in a press conference. The consortium, which includes Hess and CNOOC, is responsible for all production in Guyana.