Exxon reduces production following compressor failure

See below full statement issued by ExxonMobil, Guyana:

Operational Update on Gas Compressor issue on Liza Destiny

A technical team has safely removed the 3rd stage compressor from the package enclosure on the Liza Destiny and is preparing it for transport onshore. An initial examination determined that the unit has to be sent for repairs in Germany where it is expected to arrive on February 9.

The full extent of the damage will not be known until a detailed inspection of the compressor can take place at the workshop of the manufacturer, MAN Turbo in Germany.

“I wish to assure you that teams of experts from ExxonMobil, SBM Offshore and MAN Turbo are working diligently to fix the compressor and return it to service as quickly as possible,” Alistair Routledge President of ExxonMobil Guyana.

“We have lowered production levels on the Liza Destiny since the compressor failed and continue to seek ways to reduce flaring. We are currently injecting or using 88 percent of the gas produced from the wells. We share a common interest in responsible management and appropriate standards for development of the country’s natural resources.”

ExxonMobil Guyana is providing daily updates to the relevant government agencies.

ExxonMobil Guyana is providing daily updates to the relevant government agencies.