Warning: Error while sending QUERY packet. PID=19565 in /home/marcellusshale/public_html/wp-includes/wp-db.php on line 1944

Warning: Cannot modify header information - headers already sent by (output started at /home/marcellusshale/public_html/wp-includes/wp-db.php:1944) in /home/marcellusshale/public_html/wp-content/plugins/wp-super-cache/wp-cache-phase2.php on line 60
The Marcellus Shale / Exxon to Invest $5 Billion in Guyana Extraction Venture

Exxon to Invest $5 Billion in Guyana Extraction Venture

By Zainab Calcuttawala ExxonMobil will invest $5 billion in Guyana for an oil production and extraction venture in the Liza area of the Stabroek offshore drilling block with first profits expected by 2020, according to a report by the Jamaica Observer. Exxon’s local affiliate Esso Exploration and Production Guyana Limited (EEPGL) have applied for a license to extract fossil fuels in the South American nation, according to Jeff Simon, Exxon’s representative for the country. The affiliate has also contracted a floating production, storage and offloading (FPSO)…

Read Full Article Here

For more great articles: OilPrice.com Daily News Update

(Visited 52 times, 1 visits today)

Comments

comments


Tagged: ,


© 2014 RenewaNews