Exxon plans to begin oil production from a second platform offshore Guyana next month, Reuters reported this week, citing an unnamed source familiar with the company’s plans. The second production facility would increase Guyana’s oil output threefold to 340,000 bpd, the report noted, adding that a third production facility—a floating production, storage and offloading vessel—was under construction currently.
The news about the production boost comes a couple of weeks after the announcement of more discoveries off Guyana's…Guyana’s Oil Production To Increase Three-Fold Next Month
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