Guyana earned more profit oil than Exxon, partners last year- Vice President
In light of a recent financial review in some sections of the media which concluded that the Stabroek Block joint venture partners made more...
Gas-to-Energy Project to retain more value lost via Stabroek Block PSA- Jagdeo
Instead of taking the contentious route of renegotiation, Guyana is banking on its Local Content Policy and the imminent Gas-to-Energy Project to claw back...
Int’l Consultant to help Govt. manage Gas-to-Energy Project
Vice President, Dr Bharrat Jagdeo recently disclosed that the government will seek the assistance of an international consultant to help manage the transformative gas-to-energy...
Foreign companies caught posing as Guyanese to benefit from Local Content Law – VP...
Foolproof provisions in the Local Content Law seem to be working in the government’s favour as it has easily identified companies and persons trying...
Cash-strapped CGX to relinquish Demerara, Berbice Blocks
Frontera Energy Corporation and its cash-strapped partner, CGX Energy Inc., have reached a mutual agreement with the Government of Guyana to relinquish the Demerara...
Flaring challenges at Liza Destiny to end in mid-July – Exxon assures
ExxonMobil Guyana has assured that the flaring issues plaguing the Liza Destiny Floating Production Storage and Offloading (FPSO) vessel since 2020 are scheduled to...
Liza Unity safely commissioned in industry-leading time- Exxon
ExxonMobil Guyana was pleased to announce today that the gas compression and injection systems on the Liza Unity Floating Production, Storage and Offloading (FPSO)...
Stabroek Block partners to spend $6 Trillion in Guyana by 2025
ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) is poised to spend a whopping $6 trillion in Guyana by 2025. This investment will...
Guyana’s take actually bigger than Stabroek Block partners’ – Exxon
When one examines the manner in which Guyana’s royalty is calculated in the 2016 Production Sharing Agreement (PSA) governing the Stabroek Block, the two-year-old...
Guyana will not be left on the hook for decommissioning costs- EEPGL VP
Operator of the Stabroek Block, Esso Exploration and Production Guyana Limited (EEPGL) has assured that every precaution will be taken to ensure the country...
