News Guyana Markets: ExxonMobil Grows South America Footprint With Guyana Vessel And Colombia Win
ExxonMobil (NYSE:XOM) agreed to acquire the FPSO ONE GUYANA from SBM Offshore for US$2.32b for use in the Yellowtail development in Guyana’s Stabroek block. The FPSO deal is intended to support ExxonMobil Guyana’s production capacity and long term oil output plans in the region. The company also resolved an arbitration dispute in Colombia tied to the VMM-37 block, gaining full rights and interests in the asset. The arbitration outcome allows ExxonMobil to streamline its position in the...
News Guyana Markets: Guyana: Agri officials push to regain lost regional markets
Guyana lost some of its export markets in the Caribbean region due to failures to adhere to regional sanitary and phytosanitary measures. Now, officials at ...
News Guyana Markets: Estonia, Slovenia among new rice markets for Guyana last year
Guyana's agriculture sector continues to make its mark on the international food market, with the British Virgin Islands (BVI), and European nations of Estonia and Slovenia being among the newest rice ...