South America
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SBM Offshore began construction on the vessel following ExxonMobil’s sanction of the Liza Phase 2 development offshore Guyana in May. It is designed to produce 220,000 BOPD after it starts up in 2022. -
2019’s class of offshore projects show a wide range of potential sanctioning outcomes.
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In a talk to SPE’s Gulf Coast Section International Interest Group, Ecuador’s Minister of Hydrocarbons outlined his country’s push to attract international oil and gas investment.
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