PETRO SOON FLOW | Caribbean Life


Photo by Bert Wilkinson

The Noble Bobb Douglas oil rig located offshore Guyana.

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GEORGETOWN, Guyana — Neither the company nor authorities are publicly admitting it, but Guyana is set to become one of the world’s newest oil producers as early as the last quarter of 2019, not in 2020 as official pronouncements have been indicating for almost four years.

In the latest indication from American supermajor ExxonMobil, the company said this week that development of its prized Liza 1 oil and gas field” has moved into peak execution phase” as engineers, using high tech robots, prepare to install undersea cables connecting wells to each other and as crucial equipment is being placed on the massive Floating Production, Storage…

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