Guyana oil fields will produce around 1.4 million bpd in the medium term, says Norway group

Oil major ExxonMobil has so far sanctioned development of about 560,000 bpd of oil production capacity off the coast of Guyana. The commissioned capacity is expected to grow to more than 900,000 bpd in the next five years then topping the 1 million bpd milestone soon after, according to new analysis.