Guyana Oil Production
A general Thread about Oil Production in Guyana. What is the level of Guyana Oil & Gas Exploration and are the Petroleum Refineries able to keep up with local demand?
Guyana has problems with oil production lately so next year there is a deal with ExxonMobil to mine crude oil from the country's deepwater wells. For this deal, Guyana receives nearly half of the revenue generated from this company, which involves around $13b US by 2025.
International Level: Envoy / Political Participation: 240 24%
Almost one month after Guyana commenced the production of oil offshore in the Stabroek Block, Reuters news agency is reporting that oil tanker Yannis P has arrived to lift the first cargo of 1 million barrels assigned to ExxonMobil. Source 2s.