Oil giant ExxonMobil is expected to relinquish 20 per cent of the lucrative Stabroek Block later this year and according to its Guyana President Alistair Routledge, they will work with the government to identify which part of the block to give up. Here are the details from Jarryl Bryan… | Television Guyana Inc.
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Oil giant ExxonMobil is expected to relinquish 20 per cent of the lucrat…
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Guyana’s Stabroek Block developments sits above 600,000 barrels per day currently, surpassing projections set by ExxonMobil....Kimberly Giddings reports | 9newsbreak
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ExxonMobil on Tuesday announced three new discoveries of oil in the Stabroek Block offshore Guyana. And with these discoveries, Guyana’s recoverable oil resources has now increased to nearly 11 billion barrels of oil. | News Room
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NEWS Source: 20% Relinquishment of Stabroek Block Complete | News Source Guyana
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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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With another vessel offshore operational in the giant Stabroek …
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Rain, Sun or Storm - making sure Guyana's Oil is moving...this morning in the Stabroek Block with the FPSO Prosperity... Loading the Greek Flagged Maran Helen.. | Amethyst Offshore Services Inc.
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Despite the onset of COVID- 19 and the drop in global oil prices, an updated fiscal benchmarking study on Guyana has found that the Stabroek Block remains viable even with oil prices falling below US$40. The study looked at Guyana’s good price resilience and small fiscal deterrent along with possible future delays and the associated consequences | News Room
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