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Guyana ‘back to square one’ with 12.5% profit share

…as Govt. allows Exxon to take 75% to pay for 8th project (Kaieteur News) – Guyana’s profit share has returned to 12.5% down from the 39.8% it was receiving after ExxonMobil recovered all of its investments in July this year. On Thursday, the Government of Guyana (GoG) announced the approval of an eight offshore development in […] The post Guyana ‘back to square one’ with 12.5% profit share appeared first on Kaieteur News.

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Originally published byKaieteur News 27m ago · kaieteurnewsonline.com
Read full report at Kaieteur News

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