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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.
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.
Guyana projects over $1.1 billion from the sale of the country's share of profit oil lifted from two ExxonMobil-operated FPSOs in the Stabroek block.
Acorn International has been selected to perform an Environmental Impact Assessment and lead the public consultation program for ExxonMobil's fifth offshor...
Acorn International has been selected to perform an Environmental Impact Assessment and lead the public consultation program for ExxonMobil's fifth offshor...