Use of local resources in the extraction of oil was emphasised on Tuesday by the Private Sector Commission (PSC) in a meeting with EEPGL, a subsidiary of Exxon Mobil which found a huge hydrocarbon deposit offshore last year.
A release from the PSC on Wednesday said that officials of Esso Exploration and Production Guyana Ltd (EEPGL) briefed the members and executives of the PSC on the company’s exploration activities in Guyana and on the results and findings of the Liza 2 appraisal well. The Liza 2 results confirmed the preliminary findings of its predecessor the Liza 1 that had found commercial quantities of oil.
