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September 6, 2026
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  • OGGN Member Frederick Collins holding up an MV Barima Banner
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  • Profit could be anything. How is the $55 billion capex derived?    
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  • Ministry of Education to explain 52% profit

    August 19, 2026August 19, 2026
  • OGGN Member Frederick Collins holding up an MV Barima Banner

    August 16, 2026
  • What Guyanese should know about Uranium Exploration in region 7

    August 16, 2026
  • Profit could be anything. How is the $55 billion capex derived?    

    August 16, 2026August 19, 2026
  • Guyana’s share of oil revenue: Is this an equitable arrangement?

    August 15, 2026August 19, 2026
  • The sinking of the MV Barima puts Guyanese inequities under a global spotlight

    August 13, 2026August 19, 2026
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  • Exxon paid US$18m bonus for 10-year extension of agreement
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Exxon paid US$18m bonus for 10-year extension of agreement

News EditorDecember 28, 2017October 29, 201801 mins

After months of evasion, the government today released the production sharing agreement with ExxonMobil’s subsidiary, EEGLP and the company’s local head, Rod Henson said that the the US$18m signing bonus was paid for the 10-year extension of the pact.

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