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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Green Car Congress

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. Commenting on the Ranger-1 discovery, Guyana Minister of Natural Resources, Raphael Trotman said that: This is a most historic discovery for Guyana. Source: ExxonMobil.

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ExxonMobil greenlights Liza development in offshore Guyana; $4.4B Phase 1 investment

Green Car Congress

Exxon Mobil Corporation will proceed with the first phase of development for the Liza field, one of the largest oil discoveries of the past decade, located offshore Guyana. The development received regulatory approval from the government of Guyana. Hess Guyana Exploration Ltd. Phase 1 is expected to cost just over $4.4

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British and Brazilian companies to install bioethanol demo plant in Guyana

Green Car Congress

The two will install the units for a bioethanol demonstration plant at the Guyana Sugar Corporation (Guysuco) Albion Sugar Factory, and will be delivering a turnkey unit early next year. After detailed studies it was concluded that locally produced biofuels could have a positive impact in Guyana.

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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

Exxon Mobil Corporation added 2.7 Other significant new proved reserve additions were made in Guyana, where the company funded the first phase of development last year, and in Mozambique, associated with the project funding of the Coral FLNG project in the gas-rich deepwater Area 4. ExxonMobil’s proved reserves totaled 21.2

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

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