payara
Noun
Meaning
payara (plural payaras or payara)
English Wikipedia has an article on:payaraWikipedia
Hydrolycus scomberoides, a Venezuelan gamefish with two long fangs protruding from the lower jaw.
Examples
Exxon intends for Payara to start producing oil in 2023, with the Prosperity FPSO at maximum capacity of 220,000 barrels per day, same as the Liza Unity FPSO for start-up in 2022.
He was keen to note, however, that the findings of the Payara Field Development review would be released next week.
THE Government of Guyana and global oil giants, ExxonMobil will on Friday sign an agreement, paving the way for the company to move ahead with its Payara project.
This brings us back to the release of the Payara contract/licence, which is the hallmark of transparency and accountability.
Those are the five billion reasons why the Payara project should not be approved without the renegotiation of the disgraceful agreement currently in place.
Thus, with the Payara cost coming in above expectations, JP Morgan may be worried the loan is riskier than it first anticipated.