September 18, 2026

Guyana’s Oil Sector Under Spotlight: Liza Unity Fire Forces Shutdown as Gov’t Clarifies 50% Profit

Sharing is caring!



🇬🇾 TWO MAJOR DEVELOPMENTS IN GUYANA’S OIL SECTOR

A fire aboard the Liza Unity FPSO forced a temporary suspension of operations, putting renewed attention on offshore safety and regulatory oversight. All personnel were reported safe and accounted for.

At the same time, the Ministry of Natural Resources is correcting claims surrounding Guyana’s oil revenues, insisting that the country’s profit-oil share has always been 50% — not 39.8%. The ministry says the 39.8% figure refers to Guyana’s approximate share of overall production under the current cost-recovery position.

🎥 WATCH THE FULL REPORT as we break down both developments and what they mean for Guyana’s rapidly expanding petroleum industry.

💬 Are Guyanese getting enough information about the management, revenues and safety of the country’s oil sector?

👇 Join the conversation.

— NewsGuyana24 | Real, Raw & Relevant.

#Guyana #OilAndGas #LizaUnity #ExxonMobil #GuyanaOil #OilRevenue #NewsGuyana24

source

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *