Tag Archives: Esso Exploration and Production Guyana Limited

The Caribbean Court of Justice (CCJ) on Thursday ruled that only Esso Exploration and Production Guyana Limited, now known as ExxonMobil Guyana, needed a permit for the Liza 1 project rather than also its co-venturers, Hess and CNOOC Guyana. The applicant, Ramon Gaskin, had contended that each of the three companies ought to have applied for and obtained permits. He had ...

IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said Thursday it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block. Yellowtail-1 is the fifth discovery in the Turbot area, which ExxonMobil expects to become a major ...