ExxonMobil seeks environmental approval for new offshore project in Guyana

Exxon Mobil

Exxon Mobil

XOM

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- Exxon Mobil has applied to Guyana's Environmental Protection Agency (EPA) for authorization to develop the Haimara gas-condensate discovery in the offshore Stabroek block, the agency said on Sunday.
The project would be the consortium's ninth development in the block.

  • The project's scope includes well drilling and completion, installation of subsea equipment and flowlines, and the commissioning of a newly built floating production, storage and offloading (FPSO) vessel.

  • The EPA determined the project requires a full environmental impact assessment before a decision can be made.

  • The agency cited potential significant, long-term environmental and socioeconomic impacts given the scale and duration of the proposed activity.