ExxonMobil withdraws from Kaieteur Block

ExxonMobil Guyana withdraws from Kaieteur Block

…Israeli oil company to take over as operator Map showing the location of the Kaieteur Block offshore Guyana United States oil giant ExxonMobil’s local subsidiary announced on Thursday that it has exited the Kaieteur Block offshore Guyana and has since handed over its interest to an Israeli oil “ExxonMobil Guyana has exited the Kaieteur Block offshore Guyana, with participating interest assigned to Ratio Guyana Limited and Cataleya Energy Limite…

ExxonMobil withdraws from Kaieteur Block

In a decision to focus on its Stabroek and Canje Blocks here, ExxonMobil yesterday announced that it has withdrawn its interests from the 3.3 million-acre (13,535 square kilometers) Kaieteur Block. The article ExxonMobil withdraws from Kaieteur Block appeared first on Stabroek News.