Page 18 - Stabroek News Today

By Chris Wack ExxonMobil and Hess said they are moving forward with the Whiptail development offshore Guyana after receiving the required government and regulatory approvals. Whiptail, the...

Exxon, Hess make final investment decision for Whiptail project in Guyana, set to add 250,000 barrels of daily capacity by 2027.

Exxon Mobil’s sixth development in the Stabroek Block will add 250,000 bbl/d capacity when it starts production in 2027.

An Exxon Mobil arbitration case that could block the sale of one of its Guyana partners, Hess Corp, to Chevron could drag on until year-end, Hess said in a U.S. securities filing on Friday. ...

Guyana has one of the world's biggest offshore oil and gas reserves but will this change lives in Essequibo?

Exxon and CNOOC filed cases before the International Chamber of Commerce last month, seeking to claim a right to a first refusal over any sale of Hess’s 30% stake in the giant Stabroek offshore oil block

ExxonMobil has made a final investment decision to proceed with the Whiptail development offshore Guyana.

Production at the $12.7-billion Whiptail project in the 6.6-million-acre Stabroek block is expected to begin in 2027

The arbitration case between Exxon Mobil Corp. and Chevron Corp. over a large oil project in Guyana will likely drag out at least through the end of this year, according to a regulatory filing Friday.

Chevron’s acquisition of Guyana superstar Hess could be delayed until next year thanks to Exxon Mobil’s arbitration case