Tag: Payara
Alison Redford advocated for full transparency in oil and gas on...
Former Premier of Alberta, Canada, Alison Redford, who led a team of experts to review the work that was done by the...
“We were not negotiating a production agreement” – Jagdeo on Payara...
Guyana’s Vice President, Bharrat Jagdeo, on Friday sought to provide clarity over the difference between the Stabroek Production Sharing Agreement (PSA) and...
TechnipFMC set to deliver massive subsea production system for Payara development
Global oil and gas company, TechnipFMC, has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited, for delivery...
Payara approval will trigger massive demand for goods, services in Guyana...
The sanctioning of ExxonMobil’s third development at the Stabroek Block offshore Guyana on Wednesday has already triggered a flurry of activities by...
Hess commits around US$1.8 billion for Payara development
Hess Corporation, a 30 percent stakeholder in Guyana’s Stabroek Block, has committed around US$1.8 billion for the Payara development, representing its net...
US$9 billion Payara Development is largest investment in Guyana’s history
The US$9 billion Payara Development targeting an estimated resource base of around 600 million oil-equivalent barrels is the largest investment in Guyana’s...
Read the Payara Production License
The Government of Guyana and ExxonMobil on Wednesday signed the license for the Payara field offshore development in Guyana. The Payara project...
Guyana approves ExxonMobil’s 220,000 bpd Payara Development, company moves to FID
The Guyana Government on Wednesday announced the approval of the 220,000 bpd Payara Development - ExxonMobil’s third project offshore the South American...
US$3.6 billion part of commitment expected for Payara development this year,...
Global oil and gas project sanctioning is set to recover and exceed pre-Covid-19 levels from 2022, with Guyana playing a key role...
Approval of Payara this month will keep 2023 first oil target...
Although already delayed since 2019, if the Payara development is approved by the end of September, this will ensure that the 2023...