Live Breaking News & Updates on Stabroek Block Petroleum Sharing Agreement

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Govt. gives Exxon permission in licence to increase oil production for 5th project

Guyanese authorities have provided ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL), along with its joint-venture partners, with the legal backing needed to increase oil production at its fifth project in the Stabroek Block. ....

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Govt. now asking ExxonM to submit breakdown after approving US$12.7B in expenses for 5th project

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. ....

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Govt. grants Exxon production licence for 5th oil project

The Government of Guyana through the Ministry of Natural Resources (MNR) on Friday announced the approval of the Uaru Field Development Plan (FDP) and the issuance of the Uaru Petroleum Production License to ExxonMobil’s affiliate, Esso Exploration and Production Guyana Limited (EEPGL) and its partners, Hess Corporation and CNOOC Petroleum Guyana Limited. ....

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Guyana Govt inks Uaru Petroleum Production Licence

Guyana Govt inks Uaru Petroleum Production Licence
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