The Ministry of Natural Resources today announced the approval of the Hammerhead Field Development Plan (FDP) and the issuance of the Hammerhead Petroleum Production Licence (PPL). The Hammerhead development is the seventh offshore development within Guyana’s prolific Stabroek Block, which is operated by ExxonMobil Guyana Limited (EMGL) in conjunction with its co-venturers, Hess Corporation (which … Continue reading US$6.8B Hammerhead project approved, set to boost Guyana’s output to 1.5M bpd by 2029