Payara Development Project News Today

As Guyanese continue to call on the government of Guyana to secure a parent guarantee from American oil major ExxonMobil for its oil and gas activities in the Stabroek Block, the company’s most recent Project Summary has revealed that at least 50 simultaneous development projects will be pursued in the resource rich acreage.

The Government of Guyana (GoG) attitude is akin to the children’s game of ‘hot potatoes’ when it comes to accepting responsibility for the billion-dollar review of expenses to develop the offshore oil and gas resources in the Stabroek Block.