Sustainably Growing Shareholder Value
RAPIDLY PROGRESSING GUYANA DEVELOPMENTS
Leveraging subsurface and project execution capabilities to develop low cost-of-supply resource
DISCOVERED RESOURCE
CAPACITY
Years
Boeb
Kbd
2021
2015
Future
projects
Yellowtail,
Payara,
Liza Ph2,
Liza Ph1
See Supplemental Information for definitions
10
FPSO 6
Uaru+
Increased resource to >10 Boeb with
successful exploration
-
Potential for up to 10 projects
•
Liza Phase 1 producing above capacity
1,000
Yellowtail
5
500
Liza Ph 2
0
0
Liza Ph 1
Payara
2020 2022 2024 2025 2026 2027
•
Liza Phase 2 first oil in February;
ramping up production
First FPSO to be recognized for sustainability
by the American Bureau of Shipping
Payara on schedule for start-up in 2024
Yellowtail development plan submitted for
government approval; on schedule for
start-up in 2025
Progressing first Gas-to-Energy project
in Guyana
29View entire presentation