Despite exploration efforts, ExxonMobil recently announced the permanent cessation of its production of offshore energy projects in Saiper, ending the production of natural gas on the sea in Nova Scotia, Canada.

ExxonMobil said on January 1 that as of December 31, 2018, all production of the offshore energy project in Saiper, Canada, had been permanently closed, adding that gas well plugging and decommissioning activities will continue until the end of this year.

With the suspension of the Canadian natural gas company's deep-sea Panuk platform, ExxonMobil's statement also ended the offshore gas production in Nova Scotia, Canada.

In a weekly operational report issued by the Offshore Oil Commission of Nova Scotia, Canada, as of December 31, 2018, the status of the island of Saybol has been updated to “permanently shut down production” and a report was issued a week ago. ". Among the 13 gas wells in the project, 8 gas wells have been “blocked” and the remaining 5 gas wells “will be blocked”.

According to data from Standard & Poor's Global Platts, Seychelles' natural gas production peaked in December 2001 after two years of operation, with an average daily output of 482 million cubic feet. Since then, production has continued to decline. In March 2018, natural gas production was about 70 million cubic feet per day, and by the end of 2018 it had fallen to about 50 million cubic feet.

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