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Tag Archives: ExxonMobil Guyana

Balance interests of Guyana, investors in reviewing 2016 agreement with ExxonMobil; full guarantees necessary for oil spill – analyst

The People’s National Congress Reform/A Partnership for National Unity’s (PNCR/APNU) 20-point plan, including to seek a revision of the Production Sharing Agreement (PSA) with ExxonMobil Guyana and obtain a parent company guarantee for an oil spill clean-up, has been lauded by United States-based commentator and professor, Terrence Richard Blackman. Dr Blackman, who is also an analyst on a range of ...

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Guyana now has capping stack if there is a well blow-out; Guyana should worry about Suriname’s protection

ExxonMobil Guyana’s President, Alistair Routledge on Tuesday said Guyana should be concerned about a protection against an oil spill in neighbouring Suriname, even as he showcased a capping stack that is on standby to shut off any well blowout offshore. “When you do the modelling, Guyana should worry more about what happens in Suriname than what happens in Guyana so ...

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Nigel Hughes not in conflict with ExxonMobil – Routledge

The President of ExxonMobil Guyana, Alistair Routledge on Tuesday said well-known Attorney-at-Law Nigel Hughes and his law firm are not in a conflict of interest because he is now the leader of the Alliance for Change (AFC) political party. “We comply with all laws and regulations here and internationally and we don’t believe we have any conflict of interest, any ...

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CCJ throws out Gaskin’s case for all three co-venturers to have separate permits

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 ...

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ExxonMobil, RAMPS Logistics summoned to appear in court for alleged US$12.1 billion false customs declaration

Representatives of ExxonMobil Guyana and its customs brokerage company, RAMPS Logistics are now set to appear in the Georgetown Magistrates Court for allegedly falsifying customs declaration to the amount of US$12.1 billion for imports of oil well equipment and other supplies. In the name of Guyana Revenue Authority’s (GRA) Commissioner-General, Godfrey Statia, ExxonMobil has been charged with having caused to ...

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ExxonMobil hopes Liza Unity can produce more oil

ExxonMobil Guyana hopes that the floating production, storage and offloading (FPSO) vessel can produce more than the current output of 252,000 barrels per day, company President Alistair Routledge said Tuesday. He says ExxonMobil, the operator in the Stabroek Block will seize the opportunity of installing gas risers for the gas-to-shore energy pipeline to make some adjustments to that FPSO. “Part ...

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ExxonMobil Guyana partners with Waramuri Village to refurbish recreational ground

ExxonMobil Guyana has partnered with the Silver Sands Sports Club in Waramuri Village, Barima-Waini, (Region One), to refurbish the recreational ground in the community, the company said in a statement. The facility was commissioned last Saturday. President of Silver Sands Sports Club, Rowena Williams said this has been a dream of several senior citizens of Waramuri. She remarked that the ...

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