Exxon: As more oil projects come on stream US$600M insurance remains same

…says US$2B guarantee still lodged with Govt. (Kaieteur News) – As Guyana brings more Floating Production Storage and Offloading vessels (FPSOs) to increase the nation’s generation capacity, the country has been stuck with a US$600M insurance from the operator in the event an oil spill occurs. The limited insurance remains a major cause for concern for […] The post Exxon: As more oil projects come on stream US$600M insurance remains same appeared first on Kaieteur News.

Exxon: As more oil projects come on stream US$600M insurance remains same

…says US$2B guarantee still lodged with Govt. (Kaieteur News) – As Guyana brings more Floating Production Storage and Offloading vessels (FPSOs) to increase the nation’s generation capacity, the country has been stuck with a US$600M insurance from the operator in the event an oil spill occurs. The limited insurance remains a major cause for concern for […]

The post Exxon: As more oil projects come on stream US$600M insurance remains same appeared first on Kaieteur News.