Safety measures

OGGN requests the GoG to secure and publish the production machinery stress test certificates

News EditorAugust 5, 2023August 9, 202304 mins

The oil companies, Hess & Exxon, recently reported earnings in the 2Q2023 that were significantly below the profits they earned in 2Q last year. However, they were very optimistic about the future because of their big bet on Guyana. By 2027, they are projecting to be pumping 1.2 million barrels of oil per day. With…

A PCG is simply a letter on Exxon’s letterhead promising to pay the cost in the event of an oil spill

News EditorJune 16, 202302 mins

I refer to Robin Singh’s letter in SN of May 24th titled: “An unlimited parent guarantee must be backed by an asset register”, and wish to respond as follows: Robin Singh argues, “it must be backed by an asset register, all of which would then be under lien and would require Guyana’s assent for any…

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OGGN requests the GoG to secure and publish the production machinery stress test certificates

A PCG is simply a letter on Exxon’s letterhead promising to pay the cost in the event of an oil spill