US pledges support to Guyana as country preps for first oil

Must Read

South America’s emerging deepwater oil giants pledge strategic alliance

Following discussions over the last 24-hours between the newly elected Presidents of Guyana and Suriname, the two leaders announced...

Stena Carron set to arrive at Tanager-1 today as search for more oil in Guyana continues

The hunt for more hydrocarbons continues offshore Guyana, this time outside of the prolific Stabroek Block, as ExxonMobil prepares...

Liza and Kwaskwasi are giants in the prolific Guyana-Suriname basin

The Guyana-Suriname basin has been the subject of much discussion since US oil major ExxonMobil made its world class...
OilNOW
OilNow is an online-based Information and Resource Centre which serves to complement the work of all stakeholders in the oil and gas sector in Guyana.

The United States of America stands ready to assist the South American country of Guyana in its efforts to ensure the proceeds from oil production benefit all Guyanese.

In a message on the occasion of Guyana’s 53rd independence anniversary celebrations, US Secretary of State, Michael Pompeo, said he two countries have been friends and partners for decades, and the US commends and encourage Guyana’s continued leadership on matters of regional concern.

He said the American Chamber of Commerce – Guyana, which was established in 2018, continues to create trade partnerships and opportunities, resulting in greater prosperity for both Guyana and the US.

“As Guyana looks toward production of its oil resources, the United States stands ready to assist to ensure all Guyanese will benefit.  The United States looks forward to a future of strong ties and collaboration based on our shared democratic values,” Pompeo stated.

Guyana celebrated it 53 independence anniversary on May 26.

- Advertisement -

Latest News

South America’s emerging deepwater oil giants pledge strategic alliance

Following discussions over the last 24-hours between the newly elected Presidents of Guyana and Suriname, the two leaders announced...

Liza and Kwaskwasi are giants in the prolific Guyana-Suriname basin

The Guyana-Suriname basin has been the subject of much discussion since US oil major ExxonMobil made its world class Liza discovery in 2015 at...

Stena Carron set to arrive at Tanager-1 today as search for more oil in Guyana continues

The hunt for more hydrocarbons continues offshore Guyana, this time outside of the prolific Stabroek Block, as ExxonMobil prepares to conduct a new drill...

Principles for natural gas agreement with the Government of Guyana

The Guyanese government under the contract is likely to have its own share of profit hydrocarbons to lift, including natural gas. A state-owned oil...

Oil giants’ production cuts come to 1 million bpd as they post massive write-downs

(Reuters) - The world’s five largest oil companies collectively cut the value of their assets by nearly $50 billion in the second quarter, and...

More Articles Like This