President expresses optimism after visit to offshore oil rigs
– REPSOL and CGX see positive signs
Georgetown GINA, March 30, 2012
Guyana’s domestic economy is poised for significant development over the coming years with the extractive industries playing a great part. Oil is one of the most looked forward to industry with Government having high expectations of a find.
On March 30, President Donald Ramotar had the opportunity to visit the two offshore oil rigs, REPSOL and CGX offshore Guyana during which he expressed optimism for an oil discovery.
Accompanied by First Lady Deolatchmee Ramotar, Minister of Natural Resources and the Environment Robert Persaud and other officials, President Ramotar was able to observe operations on board both rigs and view promising samples on the REPSOL rig.
An aerial view of the CGX’s rig working on the Eagle well Continue reading