After granting the relevant regulatory approvals on April 27, 2023 for ExxonMobil’s fifth oil project in the Stabroek Block, the PPP government has now demanded that a breakdown of the costs for the development be provided within 90 days.
/PRNewswire/ The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around.
The South American country wants to quickly expand its oil industry and recruit developers to counterbalance an Exxon Mobil Corp-led consortium that now controls all production. The Exxon group has outlined plans to install at least seven vessels to tap more than 11 billion barrels discovered to date.