What is ExxonMobil seeking approval for in Guyana, and which regulatory body is reviewing the application?

ExxonMobil has applied to Guyana's Environmental Protection Agency (EPA) for authorization to develop the Haimara gas-condensate discovery in the offshore Stabroek block; the EPA stated that the project requires a full environmental impact assessment before a decision can be made.

What are the key components of the proposed Haimara development project, and why did the EPA determine it requires a full environmental impact assessment?

The project's scope includes well drilling and completion, installation of subsea equipment and flowlines, and commissioning of a newly built floating production, storage and offloading (FPSO) vessel; the EPA determined a full environmental impact assessment is required due to potential significant, long-term environmental and socioeconomic impacts given the scale and duration of the proposed activity.