As Guyanese continue to call on the government of Guyana to secure a parent guarantee from American oil major ExxonMobil for its oil and gas activities in the Stabroek Block, the company’s most recent Project Summary has revealed that at least 50 simultaneous development projects will be pursued in the resource rich acreage.
Offshore driller, Noble Corporation, has made Guyana its prime cash cow. Noble is one of the companies involved in the oil and gas sector, and has been winning big from increasing activities. The market day rates, according to the UK Company, are steadily rising for use of offshore vessels.
American drilling company, Noble Corporation PLC, on Thursday announced that ExxonMobil Guyana has extended their contract for the rental of four of their drill ships at an average day rate of about US$420,000 (GYD$84 million) for each.
The following discussion is intended to assist you in understanding our
financial position at March 31, 2023, and our results of operations for the
three months ended March 31, 2023 and 2022. The. | May 4, 2023
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