Gov’t welcomes 20th offshore oil discovery

  • Published on: Jun 09, 2021 - 9:34 AM
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Gov’t welcomes 20th offshore oil discovery See statement below from Minister of Natural Resources Vickram Bharrat on the latest oil find by ExxonMobil: As Minister of Natural Resources with responsibility for the Petroleum Sector and on behalf of the Government of Guyana, it gives me great pleasure and honour to announce Guyana’s 20th Offshore Oil Discovery at Longtail-3 Offshore Guyana within the Stabroek Block offshore. The Longtail-3 discovery will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be over 9 billion oil-equivalent barrels. I was advised th …
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