The United States is doubling its support for Guyana in the territorial dispute with Venezuela, another flank in Washington's campaign to force Venezuelan President Nicolas Maduro out of power.1 comment
ExxonMobil expects Brazil and Guyana will be key drivers for the company’s growth ambitions in the future, as the US super-major looks to concentrate the bulk of exploration and production development activities in the two South American nations, apparently leaving aside the shale deposits in Argentina.
Noble Corporation plc's ultra-deepwater drillship Noble Tom Madden has received about 6.5 years of additional contract term under the commercial enabling agreement (CEA) with ExxonMobil for work offshore Guyana.
Brazil has negotiated the purchase of 225,000 tons of rice from the United States, India, and Guyana, which are expected in the country during the second half of October and November.
By Amy Myers Jaffe (*) – This year was supposed to bring great things for Guyana. ExxonMobil discovered massive oil deposits off the South American country’s Caribbean coast in 2015, and Guyana sold its first cargo of crude oil this February. As production ramps up, its first stage offshore wells were projected to produce 750,000 barrels a day by 2025, tripling the size of Guyana's economy, from US$ 3,4 billion to US$ 13 Billion.
China's embassies to Suriname and Guyana accused US Secretary of State Mike Pompeo of spreading rumors and smearing Beijing, after Washington's top diplomat criticized Chinese companies during a four-stop South America tour.
Mike Pompeo on Thursday became the first US secretary of state to visit Guyana and Suriname as the discovery of oil fuels a sudden new interest in the small South American nations.
Guyana's elections commission on Sunday declared opposition presidential candidate Irfaan Ali the winner of a disputed Mar 2 election, paving the way for a change in power in the newly oil-producing South American country.
Guyana’s crude production has reached 100,000 b/d, 25% up on June, energy department director Mark Bynoe revealed even as the country continues to see an announcement on the 2 March, 2020 election results pushed further and further into the year.
United Kingdom expressed disappointment with the current authorities of Guyana which so far have not recognized the results of elections held four months ago, frustrating the will of the people.