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August 31, 2026
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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?    

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  • Contractual agreement

Contractual agreement

There is a clause in the contract that says renegotiation can be done with the agreement of both parties
  • Mike Persaud

There is a clause in the contract that says renegotiation can be done with the agreement of both parties

News EditorOctober 10, 2023October 10, 202316 mins

There is a clause in the contract that deals with the subject of renegotiation. To paraphrase: it says it can only be done with the agreement of both parties. How does one party (GoG) secure the agreement of the other (Exxon)? Robin Singh (SN, Oct 8th) says you must have “bargaining chips” to induce Exxon…

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