Commissioner-General of the Guyana Revenue Authority (GRA), Godfrey Statia said on Saturday that royalties paid by the Stabroek Block consortium are not allowable in the calculation of cost oil.
The tax boss explained this in response to “misinformation” in the...
ExxonMobil affiliate, Esso Exploration and Production Guyana Limited (EEPGL) is making it clear that Guyana will not be left to handle the decommissioning costs associated with the multibillion-dollar Stabroek Block projects. Decommissioning encompasses the safe dismantling of the project infrastructure at...
Chief Executive Officer of Hess Corporation, John Hess, said he hopes that by the end of 2023, approval will be secured for ExxonMobil to place its sixth floating production storage and offloading (FPSO) vessel at the Stabroek Block.
Hess is...
ExxonMobil, operator of the Stabroek Block offshore Guyana, has surpassed its work programme as outlined in the Production Sharing Agreement (PSA) it has with the South American county, by leaps and bounds.
According to the provisions of the 2016 PSA, Article...
The University of Guyana commissioned the first component of its Campus Safety and Security Project on Thursday, funded by Stabroek Block co-venturers – ExxonMobil Guyana, Hess Guyana Exploration Ltd. and CNOOC Petroleum Guyana Limited – under the Greater Guyana...
The Fangtooth discovery which was announced by ExxonMobil back in January 2022 holds enough oil deposits to underpin its own floating, production, storage and offloading (FPSO) vessel. This was disclosed by Hess Corporation which has a 30% working interest...
The Houston Texas-based Acorn International will be conducting the environmental study for ExxonMobil's fifth development in the Stabroek Block - Uaru.
On Monday, ExxonMobil's local subsidiary, Esso Exploration & Production Guyana Limited (EEPGL), held a public scoping meeting on Uaru at the Umana Yana....
ExxonMobil’s announcement of three new discoveries at the Stabroek Block offshore Guyana in April is driving a massive accumulation of hydrocarbon resources offshore the South American country.
Hess Corporation, a 30% stakeholder in the Stabroek Block, said this latest success...
A new batch of women entrepreneurs embarked on the second iteration of the Centre for Local Business Development’s women entrepreneurship program called AccelerateHer on Friday evening at the Pegasus Hotel in Georgetown.
More than 130 women owners, operators and managers from seven...
Hess Corporation’s Chief Operating Officer (COO) Greg Hill recently disclosed that upcoming wells in the second quarter for the Stabroek Block will include Sea-bob, targeting the Campanian reservoirs, located 10 miles south of the Yellowtail field. Kiru-Kiru is also...
