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Guyana paid off Exxon for 7 oil projects but still to receive full 50% profits agreed to in contract
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Guyana paid off Exxon for 7 oil projects but still to receive full 50% profits agreed to in contract
(Kaieteur News) – Guyana has paid off ExxonMobil the full cost of seven oil projects approved to date by the Government of Guyana (GoG), yet, the country is still to begin receiving its full 50% profits in accordance with the 2016 Production Sharing Agreement (PSA). At its press conference earlier this month, Exxon’s Vice President and […] The post Guyana paid off Exxon for 7 oil projects but still to receive full 50% profits agreed to in contra…
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