Regional
Guyana Touts Latest Oil Discoveries
GUYANA – The government hopes two new discoveries will signify the expansion of Guyana’s petroleum reserves.
GUYANA – The government hopes two new discoveries will signify the expansion of Guyana’s petroleum reserves.
This as the Ministry of Natural Resources welcomed Exxon Mobil’s latest oil discoveries in the stabroek block.
Since 2015, more than 30 discoveries have been made within the stabroek block, the rate exceeds the petroleum industry average.
The Minister of Natural Resources Vickrham Bharrat says that the highly anticipated bidding process for the oil blocks off Guyana’s coast will attract new and emerging big petroleum corporations.
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