Dossier
production sharing agreement
Coverage of production sharing agreement in the Nexus archive.
- Guyana Ring-Fencing Gap: Critics Say Exxon Deal Costs Billions
Critics argue Guyana's ExxonMobil-operated Stabroek Block production sharing agreement lacks a ring-fencing clause, allowing costs from new developments to be recovered against earnings from producing fields. Stabroek production reached 900,000 barrels per day in late 2025 and averaged 903,000 bpd in April 2026.