ExxonMobil is expanding oil production in Guyana while Shell develops fields in Trinidad and Tobago.
1 report, 1 independent
Updated Aug 17
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
ExxonMobil is expanding oil production in Guyana while Shell develops fields in Trinidad and Tobago.
Who's involved
What this event is mainly aboutKeep exploring
Part of
ExxonMobil is seeking to unlock Trinidad’s offshore potential, using Guyana’s successful oil drilling operations as a blueprint.Also in this story
- ExxonMobil is exploring deepwater energy in Trinidad and Tobago, with Minister Roodal Moonilal and Paul Riley involved.
- ExxonMobil acquired Pioneer and began utilizing assets in Guyana for oil production.
The entities involved
-
Guyana
country in South America
-
Trinidad and Tobago
island sovereign state in the Caribbean
-
ExxonMobil
American multinational oil and gas corporation
Related events
- ExxonMobil operates in Stabroek Block off Guyana, while Christopher Ram analyzes the revenue generated from the oil operations.
- ExxonMobil operates in Guyana under cost recovery terms.
- Guyana's institutions are under scrutiny due to an IMF assessment regarding the management of its oil wealth. President Ali is responding to warnings about the "oil curse."
- Irfaan Ali is President of Guyana, and ExxonMobil operates under the Stabroek Block PSA.
- ExxonMobil conducts massive audits in Guyana amid disputes over profit sharing and recovered funds.