ExxonMobil’s Liza development off Guyana slated for early startup

The ExxonMobil-operated Liza-1 development, located in the Stabroek Block offshore Guyana, is now expected to start production through the Liza Destiny FPSO in December 2019, which is earlier than expected. 

The Liza field sits in the giant Stabroek block, which covers almost 27,000 square kilometers, circa 200 kilometers offshore Guyana. ExxonMobil has struck more than a dozen oil discoveries at the block which are yet to be developed, meaning a couple of more FPSOs should be deployed in Guyana in the upcoming years.

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