Road to first oil closer

ExxonMobil’s Country Manager Rod Henson

…as ‘Liza Destiny’ sets sail for Guyana

Liza Destiny, the very first oil production vessel to be placed in Guyana, has departed Singapore for Guyanese waters, according to a release from ExxonMobil.
Christened on June 22, 2019 by First Lady Sandra Granger, the Floating, Production, Storage and Offloading (FPSO) vessel is expected to arrive in Guyana in September, as the country readies for first oil in 2020.
The Liza Destiny has a production capacity up to 120,000 barrels of oil per day and an overall storage volume of 1.6 million barrels.
During normal operations, there will be at least 80 persons living and working onboard the vessel.
Twenty-four Operations and Maintenance Technicians, who are currently being trained in Canada, will return in 2020 to support work on the Liza Destiny.
This FPSO is a significant component of the Liza Phase 1 development which involves four undersea drill centers with 17 production wells.
“We have more than 1000 Guyanese working for the project here, and the team is continuing to do an incredible job. Their work includes everything from completions of the initial wells for production to laying pipelines and infrastructure on the sea floor to eventually connect up to the Liza Destiny for production.
“We’re proud of the work being done each and every day, and want to thank everyone involved for their focus on safety and keeping the protection of the environment top of mind in all that they do,” says ExxonMobil’s Country Manager Rod Henson.
Only a few days ago, British High Commissioner Greg Quinn posited that the benefits of oil must reach all Guyanese, including those on the coastland and those in hinterland villages.
“Guyana is on the cusp of unparalleled wealth. That wealth must benefit each and every citizen of this country, regardless of who they are or where they are; from the coast to the hinterland, from Georgetown to the smallest village. Everyone must benefit. Government and Opposition must work for all the citizens of Guyana,” the High Commissioner admonished.
The principal explorer of this oil, ExxonMobil, has thus far made 13 discoveries, the most recent being in April last. This discovery added to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels in the Stabroek Block.
Yellowtail-1 is the fifth discovery in the Turbot area, which ExxonMobil expects to become a major development hub.
Quinn had explained that if citizens are at the other end of such resources, the latent potentials of the country, which have been announced for some time, would be realised. If not, he said, it will be a “shameful legacy”.
He mentioned the positive growth in business activities and linkages that were forged with other parts of the United Kingdom (UK).

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