Guyana set to be cash engine for Stabroek Block partners.

Kaieteur News – Guyana is poised to be a “cash engine” for US-based oil exploration and production company, Hess Corporation, as the Yellowtail discovery in the Stabroek Block has been confirmed as the fourth oil field for development in the prolific contract area, the first three being Liza Phase I, Lisa Phase II, and Payara. The position was made recently, when the ExxonMobil Stabroek Block partner, Hess, in its first quarter report for the year, announced that startup for the new producing field is pegged for 2025.