The Floating, Production, Storage and Offloading (FPSO) vessel arrived following a 42 day journey from
After clearing customs, hookup and installation of the Liza Destiny FPSO will begin. The Liza Phase 1 development is on track for startup by the first quarter of 2020 and will produce up to 120,000 gross barrels of oil per day.
The Stabroek Block is 6.6 million acres (26,800 square kilometers).
This news release contains projections and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the company’s current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain risk factors. A discussion of these risk factors is included in the company’s periodic reports filed with the