High production and prices will help ExxonMobil recover CAPEX quickly; Guyana revenue to spike

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

High oil production and price in the early years of the Liza Phase 1 development will help ExxonMobil recover its Capital Expenditure rapidly, after which Guyana can expect a spike in revenue from its share of oil.

So says Trinidad and Tobago’s former Minister of Energy and Energy Affairs, Kevin Ramnarine, during a recent interview with OilNOW in Georgetown.

 

- ADVERTISEMENT -
spot_img

Partnered Events

Latest News

SBM Offshore secures US$250 million term loan to begin construction work on new Guyana-bound FPSO

SBM Offshore said it has secured a US$250 million term loan facility to commence construction work on the Jaguar...

More Articles Like This