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Liza Field

Liza-4 Well comes up positive; Exxon announces decision to proceed with Phase-1 development of Field

Editor Jun 16, 2017 0

IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) said today it has made a final investment decision to proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade,…

Business

Guyana to earn 2% Royalty from Liza production; 50% profit from sale of petroleum

Editor Jun 2, 2017 0

Following reviews of the technical and environmental aspects of the Liza Project, the Government of Guyana is expected to grant a production licence to ExxonMobil for the production of petroleum to move ahead in 2020. The Ministry of…