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ExxonMobil to Proceed With Payara Development Offshore Guyana
October 01, 2020
IRVING, Texas, Oct. 1 -- ExxonMobil, an international energy company, issued the following news release:

ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals. Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, storage and offloading (FPSO) vessel.

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