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...
Stabroek Block partners helping Guyana become model oil State; key hub with ties to...
Partners in the Stabroek Block—ExxonMobil Guyana, Hess Corporation, and CNOOC—are thrilled about the growth opportunities they have after unlocking almost 11 billion barrels of...
With massive oil reserves, Guyana’s medium-term prospects more favorable than ever before- IMF
Following key discussions with authorities here, the International Monetary Fund (IMF) said in a report yesterday that it is clear Guyana’s medium-term prospects are...
Guyana making outsized contribution to climate change, keeping Dutch disease at bay- Finance Minister
Guyana may be at a point in time of her history where transformational development is set to take place at an unprecedented pace by...
EPA slaps Exxon with another increased flaring fine in renewed Liza Phase One Permit
The Environmental Protection Agency (EPA) announced on Tuesday evening (May 31, 2022) that it has renewed the Environmental Permit for Esso Exploration and Production...
“Old style” National Oil Company not an option for Guyana- VP
Guyana is still weighing its options when it comes to the setting up of a National Oil Company (NOC). Vice President Bharrat Jagdeo said...
