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ExxonMobil goals subsequent month to revive manufacturing from its mature Zafiro oil and gasoline discipline offshore Equatorial Guinea, however $3 billion will probably be wanted to carry the asset as much as scratch when the brand new operator takes over the reins.
In September 2022, security issues compelled the US supermajor to close down manufacturing on the aged Zafiro Producer floating manufacturing unit, which triggered oil manufacturing to plunge by about 30,000 barrels per day to some 15,000 bpd.
Since then, based on Equatorial Guinea’s Petroleum Minister Gabriel Obiang Lima, work has been below solution to re-route manufacturing initially despatched from the Jade platform to the FPU — which is about to be decommissioned — and as a substitute pipe it to the newer Serpentina floating manufacturing, storage and offloading vessel.
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