“ExxonMobil will be in Guyana for a long time” – PM Mark Phillips

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OilNOW
OilNOW
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Officials from ExxonMobil Guyana paid a courtesy call on newly appointed Prime Minister in the South American country, Brigadier Mark Phillips, on Friday.  

The ExxonMobil team included President of the company, Alistair Routledge, and Senior Director, Government Relations, Marcus Tripp.

Commenting on the visit, the Prime Minister said, “ExxonMobil is here and will be here in Guyana for a very long time.”

According to the Prime Minister’s office, Mr. Routledge expressed similar sentiments during the visit, noting that the company “very much looks forward to working with Guyana in the future.”

The company is currently producing oil offshore at the Stabroek Block where it has made 16 discoveries since 2015, amounting to more than 8 billion barrels of oil equivalent resources, around 20 percent of which contains natural gas.

Discussions are ongoing between ExxonMobil and the Government of Guyana on a project to bring that gas to shore.

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