‘After approving fifth oil project, Govt. now asks Exxon to study what it will do with excess gas’ in which it was stated that the Uaru project will cost US$12.7 billion; produce 812 million barrels of oil; have a production life of 20 years; will produce 250,000 barrels of oil per...
Meanwhile, Liza Phase 2 is on track to start up in early 2022 using theLiza UnityFPSO, which has a production capacity of about 220,000 barrels of oil per day. Plans for the $6 billion project include six drill centers with about 30 wells, including 15 producers, nine water injection we...