Guyana seeks intel on environmental impacts of ExxonMobil’s seventh oil project

(Offshore-energy.biz) After ExxonMobil Guyana Limited (EMGL), a subsidiary of the U.S.-headquartered energy giant ExxonMobil, applied for environmental authorization to undertake the development of its seventh oil project in the Stabroek block, off the coast of Guyana, the country’s Environmental Protection Agency (EPA) has reviewed the application, concluding that it needs further insights into the potential environmental impacts of the project and the measures that will be taken to mitigate them before it makes up its mind whether to give the go-ahead for this development.

Plans to develop Hammerhead as the seventh deepwater oil project, outlined by Alistair Routledge, ExxonMobil’s Country Manager for Guyana, have taken the global news headlines by storm. The project will add between 120,000 and 180,000 barrels per day (bpd) by 2029, raising the country’s overall production capacity bar to nearly 1.5 million bpd, if the U.S. player’s environmental authorization application gets the green light from the Guyanese government.

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