I remember when Ghana was on the precipice of becoming an oil producer. I was in Accra at the time and met with officials there. When we spoke about flaring in Africa I was assured by them that Ghana would not make the mistakes of others in Africa. Of course, they still did and the flares went up. I sincerely hope that Guyana manages to avoid some of the most egregious mistakes made in other Latin American countries. I don’t hold my breath though.
Exxon Mobil Corp. and partners Hess Corp. and CNOOC Limited reported that the Liza field in the Stabroek Block offshore Guyana has achieved first oil.