Oil production in Guyana on acreage held by Hess is expected to begin in 2020, according to company CEO John Hess. Hess controls 30% of offshore block Stabroek, home to the Liza field, while Esso Exploration and Production Guyana holds a 45% operating stake and CNOOC Nexen Petroleum Guyana 25%. ...
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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.