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BREAKING: Exxon set to announce another major oil discovery in Guyana’s waters

| http://newssourcegy.com | Door: Redactie

Guyana stands to benefit from over US$300 Million annually in oil revenue and profits while Exxon has committed to having a large Guyanese work force in place.

The ExxonMobil Oil Company is set to announce another major oil find for Guyana. The announcement is expected to be made today. The latest find is expected to be the largest one to date in Guyana’s waters.

Government sources and sources in the oil sector have explained to News Source that the official announcement will offer much more details. Guyana is set to begin full oil production in 2020 with the Exxon company very confident

of more discoveries.

Guyana stands to benefit from over US$300 Million annually in oil revenue and profits while Exxon has committed to having a large Guyanese work force in place.The company is also keen on its social responsibility and will continue to make contributions to the country’s development and preparation for a strong oil sector.

Just last Friday, the Government released its contract with the oil company. The contract was originally signed in 1999, but the current government has made some changes to ensure more benefits for Guyana.

| http://newssourcegy.com | Door: Redactie

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