Guyana Becomes Oil Producing Nation | News Source Guyana
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Guyana Becomes Oil Producing Nation | News Source Guyana
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NEWS Source: Exxon Announces Two New Oil Discoveries In Guyana | News Source Guyana
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NEWS Source: ExxonMobil Announces Another New Oil Discovery Offshore Guyana | News Source Guyana
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NEWS Source: ExxonMobil Announces Another New Oil Discovery Offshore Guyana | News Source Guyana
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Oil companies have identified massive offshore reserves in Guyana, one of South America's poorest nations. New estimates last week report that more than 4 billion barrels of oil could be extracted from a region known as the Stabroek block, where ExxonMobil expects to start pumping crude from in 2020. The country is poised to become a major energy supplier, but not everyone is optimistic about the potential for oil revenue to benefit Guyanese citizens. So what can Guyana do to avoid becoming anot
25:26
Oil companies have identified massive offshore reserves in Guyana, one of South America's poorest nations. New estimates last week report that more than 4 billion barrels of oil could be extracted from a region known as the Stabroek block, where ExxonMobil expects to start pumping crude from in 2020. The country is poised to become a major energy supplier, but not everyone is optimistic about the potential for oil revenue to benefit Guyanese citizens. So what can Guyana do to avoid becoming anot
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Marco Rubio told the Senate Foreign Relations Committee that oil companies could choose to invest in Guyana instead of Venezuela, using Guyana’s booming oil sector as leverage to pressure Venezuela to accept U.S. conditions. | Guyana News Agency
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Oil strikes have turbocharged Guyana’s #economy, setting records for growth and drawing in waves of local and #foreign #investment. Take a look! #PSA #OilandGas #Guyana | OilNOW
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With another vessel offshore operational in the giant Stabroek Block, Guyana’s total production has gone past 700,000 barrels of oil per day. This is according to the President of ExxonMobil Guyana Limited, Alistair Routledge. Beyond this latest venture, ExxonMobil and its coventurers are preparing for the startup of other projects offshore, all with the goal of producing more than one million barrels of oil daily by the end of this decade. | News Room
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2022 has been quite an exciting year. From the start up of production at Guyana’s second offshore oil development on the Stabroek Block to the Liza Destiny’s recent safety milestone, there’s been a lot to celebrate. Join us for this one-on-one interview with Media Advisor Kwesi Isles and President of ExxonMobil Guyana Alistair Routledge. For the full release, visit https://corporate.exxonmobil.com/locations/guyana/news-releases/2022dec_people-at-the-heart-of-exxonmobil-guyana-success-routledge |
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Guyana’s rapidly growing oil and gas sector reached a new milestone on Tuesday with the signing of a new Production Sharing Agreement (PSA) between the Government of Guyana and Ghanaian oil company Cybele Energy for shallow-water Block S7. The deal came with a US$17 million signing bonus. Per Guyana’s new oil management regime, the minimum signing bonus for shallow blocks is US$10 million. | News Room
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