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… project will unlock new value for Guyana – ExxonMobil
Guyana’s offshore oil and gas industry is set for another phase of expansion following the approval of the US$12.5 billion Longtail Project, the country’s eighth petroleum development and its first dedicated to extracting non-associated natural gas.
The Natural Resources Ministry on Thursday announced that the Government had approved the Longtail Field Development Plan (FDP) and issued the corresponding Petroleum Production Licence (PPL), clearing the way for the project to advance.
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