Guyana, the South American country, is offering 14 offshore oil exploration blocks in auction, to accelerate its economic development.
ExxonMobil is unsure whether it will submit a bid for new offshore areas Guyana wants to explore because the oil company is increasing production quicker than expected and the South American nation is having troub ...
ExxonMobilExxonMobil has discovered three additional offshore Guyana, bringing its total recoverable resource estimate for the Stabroek Block to roughly 11 billion. The three discoveries, which are southeast of th ...
ExxonMobil announced that it has gotten the approval form the South American Country’s Environmental Protection Agency to start work it its fourth project in Guyana.
Guyana has granted Saudi Arabian Oil Company, known as Aramco, a one-year contract to market the government's share of the crude produced in the South American country, Vice President Bharrat Jagdeo told Reuters.
The Guyana’s Ministry of Natural Resources announced that it has earned about $80 million from the seventh shipment of crude which allocated to the government from the offshore Liza Project.
ExxonMobil has come to a final investment decision (FID) to proceed with developing the Payara field offshore project after receiving approval from the government.