Stabroek in a sentence

Auditors urged Exxon to return US$1,391,902 to the Stabroek Block account.

Back in 2021, ExxonMobil Stabroek Block partner, Hess Corporation’s Chief Operating Officer (COO), Greg Hill, had disclosed the aforementioned.

Dr. Singh was keen to note that there will be 136 lifts of profit oil from the Stabroek Block in 2023.

ExxonMobil has a 45-percent stake in the Stabroek Block, supported by the New York based Hess Corporation with 30-percent and China National Offshore Oil Corporation with the remaining 25-percent stake.

He noted that developments in other blocks have not been as successful as the Stabroek Block.

In 2016, when the Coalition government renegotiated and signed the PSA with US oil giant ExxonMobil, the country had only found approximately 1.1 billion barrels of oil in the Stabroek Block.

In an article published in the Monday, October 9, 2023, edition of Stabroek News, Contractor Sattrohan Maraj of S Maraj Contracting Services alleged that work on the Leguan Stelling has been stalled due to outstanding money owed to him by the Government.

In its third-quarter earnings statement on Wednesday, Hess Corporation announced that the Lancetfish -2 appraisal well in the Stabroek Block has resulted in a significant discovery.

It brings the total number of discoveries in the Stabroek Block to 39 and the total number of discoveries offshore Guyana to 44 from 2015 to present,” the Ministry said.

One cannot visit Guyana and not own a piece of jewellery that could be had at the many jewellery stalls in the Stabroek Market.

On the other hand a cost recovery audit is being done pursuant to the parameters of the 2016 Production Share Agreement (PSA) governing the Stabroek Block.

Patricia Lewis, a vendor at the Stabroek Market, Georgetown, shared that this season is a time when families who may not have seen each other for years, visit each other.

Putting this into perspective is ExxonMobil Corporation’s Environmental Impact Assessment (EIA) for its fifth development at the Uaru-Mako field in the Stabroek Block.

Retired Assistant Commissioner of Police, Paul Slowe in a letter penned to the Stabroek News on Sunday posited that corrupt practices in the issuance of driver’s licences is one of the main causes behind the recent surge of fatal road accidents.

Since 2015, ExxonMobil has made 36 discoveries in the prolific Stabroek Block- its most recent, the Lancetfish-1, announced in April this year.

Speaking to Stabroek Sports, John said that while he is not up to his usual high standard in terms of form and fitness, he is still banking on his skills to retain the title.

The agreement expressly states that the revenue generated in the Stabroek Block must only be used to pay for development within those borders; however, auditors discovered that the company brazenly used the monies to cover unrelated expenses.

The company which is the operator of the Stabroek Block offshore Guyana, uses the above mentioned equipment for all of its projects.

The Orinduik oil block is just a few kilometres from ExxonMobil’s discoveries in the Liza and Payara fields in the oil-rich Stabroek Block.

The visibly-upset mother told Stabroek News on Saturday that the police have been giving her the “royal run-around” in relation to providing an update on her son’s case – the one-year-old died of multiple head injuries at the Georgetown Public Hospital.