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ExxonMobil (XOM) plans to produce 380,000 Boe/d by the year-end, about 40,000 more than its initial 2022 target. ExxonMobil (XOM) in Doubt to Submit Bids for Guyana Assets Skip to main content
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, four people familiar with the matter said.
In May 2021, Guyana used emergency funds to make a down payment to commence the construction of the GDFS Berbice, citing the need to defend its exclusive economic zone from Venezuela. [1] On 4 August 2023, the Berbice was launched from the Metal Shark Boats production factory in Jeanerette, Louisiana. [2]
By 2023, BBC News reported that Guyana had discovered 11 billion barrels worth of oil reserves. [33] Guyanese Natural Resources Minister Rafael Trotman admitted that ExxonMobil had financially backed Guyana for legal disputes, [ 34 ] in addition to a "non-disclosed signing bonus" paid by ExxonMobil according to then president David Granger.
As Maduro threatens to invade Guyana, few believe Venezuela could do much with neighbor’s oil Antonio Maria Delgado, Jacqueline Charles December 7, 2023 at 5:30 AM
Berbice (/ b ɜːr ˈ b iː s /) is a region along the Berbice River in Guyana, which was between 1627 and 1792 a colony of the Dutch West India Company and between 1792 and 1815 a colony of the Dutch state.
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The Berbice Rebellion was a slave rebellion in Guyana [3] that began on 23 February 1763 [2] and lasted to December, with leaders including Coffij.The first major slave revolt in South America, [4] it is seen as a major event in Guyana's anti-colonial struggles, and when Guyana became a republic in 1970 the state declared 23 February as a day to commemorate the start of the Berbice slave revolt.