ExxonMobil seeking approval for 8th oil and gas Project in Stabroek Block

ExxonMobil seeking approval for 8th oil and gas Project in Stabroek Block

As it advances field development in Guyana’s lucrative Stabroek Block, ExxonMobil Guyana is currently seeking approval for its 8th Project, and will submit an application for the Environmental Authorization for its 9th Project soon.

At a press conference at ExxonMobil’s Ogle Head Office on Thursday, Routledge explained that the oil major has submitted its Environmental and Social Impact Assessment (EIA) to the Environmental Protection Agency (EPA) for the Longtail – the 8th Project, and on April 13, it will commence public consultation on the project, starting in Mabaruma, Region One.

“We are going to begin the 60 day consultation process of sharing all of the studies with people across the country, giving people the opportunity to ask questions, and to raise any concern to ensure those are then fed back into the EIA process, and that when we do progress the project that it recognizes all of those concerns and we would have mitigated risks to the best that is feasible,” Routledge said.

It was disclosed that the project’s Field Development Plan (FDP) has been finalized, and is expected to be submitted to the Ministry of Natural Resources by the end of the week.

The FDP and the EIA are critical to advancing the company’s application for a Production License to be approved by the Ministry of Natural Resources and the Guyana Geology and Mines Commission (GGMC).

Additionally, with significant interest in the south-east section of the Stabroek Block, Routledge said in the coming weeks, Exxon is likely to apply for Environmental Authorization for the 9th Project – Haimara – from the EPA.

“We are gaining confidence that project can meet the sort of investment hurdles that we would expect, that the Government would expect us to achieve, and so, we are maturing that. As we do so, in order to preserve a schedule that would look like the Longtail schedule one year later, in other words, coming forward with a Field Development Plan around this time next year for Haimara, we will likely in the coming weeks submit an application for Environmental Authorization to the EPA for a Haimara area project in the coming weeks,” Routledge explained.

The ExxonMobil Guyana President reported also that the ongoing projects are making significant progress.

According to him, Errea Wittu Floating Production Storage and Offloading (FPSO) vessel for the Uaru Project, which is currently under construction in Singapore, is almost complete. He said later this year, it will set sail to Guyana. Uaru is Guyana’s fifth project.

“All of the modules have been lifted onto the topsides and now this whole operation to integrate the pipe work and the wiring and to ensure that everything work together is ongoing. We anticipate that later this year the FPSO will sail to Guyana and before the end of the year, we expect the Uaru to start up and again that will be consistent with the previous projects, all ahead of the origina schedule and indeed ahead on budget too,” Routledge said.

 He said similarly, the construction of the Jaguar FPSO for the country’s sixth project – Whiptail – is moving a pace. That FPSO is expected to arrive in Guyana in 2027, when the Whiptail Project is expected to start up.

Guyana’s 7th Project – the Hammerhead Development – according to Routledge could possibly start up ahead of schedule in 2028. However, it is scheduled to be completed in 2029.

Currently there are four FPSOs – Liza Destiny, Liza Unity, Prosperity, and One Guyana – operating in the Stabroek Block. Collectively, they are producing an average of 900,000 barrels of oil per day (bpd).

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