A larger FPSO unit and subsea systems could be in store for the second phase of the ExxonMobil-operated Liza development offshore Guyana.
Jeff Woodbury, vice president of investor relations for ExxonMobil, gave an update on operations offshore Guyana on the company’s fourth-quarter 2017 earnings call. ExxonMobil has submitted an application for an environmental permit to develop Phase Two of the Liza development as Phase One progresses on schedule toward first oil in March 2020.
“We have production capacity of 220,000 barrels of oil per day with startup expected by mid-2022,” Woodbury said of the Liza Phase Two facility concept.
Liza Phase One remains on track. Conversion of the very large crude carrier to an FPSO vessel is progressing, and development drilling is set to start later this year.