‘Don’t be fooled by Guyana’s 40% profit share’ ...Ram warns bigger payouts still don’t make Exxon deal fair

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August 28, 2026

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‘Don’t be fooled by Guyana’s 40% profit share’ ...Ram warns bigger payouts still don’t make Exxon deal fair

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(Kaieteur News) – With much of ExxonMobil’s expenses already recovered, Guyana is now enjoying a greater share of revenue from the Stabroek Block, but this flow is not permanent and certain factors can again result in the country receiving less money from its resources offshore.

Highlighting this was Chartered Accountant and Attorney Christopher Ram in his most recent oil and gas column published on his website.

In part two of the series examining the US$55B recovered by Exxon and its implications on Guyana, Ram explained that the sudden increase in revenue for Guyana does not change the lopsided nature of the 2016 Production Sharing Agreement (PSA).