Hess boss hopeful that new gov’t is soon sworn in

John Hess

While main operator in the Stabroek Block, ExxonMobil, has been silent on the March 2 General and Regional Elections, president of partner company, John Hess, said that they believe that a new government will be soon sworn in and anxiously await working with them.

Hess told the Fireside Chat at the J.P Morgan 2020 Energy, Power and Renewables Conference that Guyana remains the company’s “best investment” but that there is a delay with the Payara project because of the current government’s political status since necessary permits have been held up, but a new government is expected this week.

He was however also quick to explain that both the current government and the opposition have given the assurance that they will honour the Stabroek Block contract and they could work with either side.