ExxonMobil Guyana moves forward with sixth offshore development
ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals.
- ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals.
- “Our sixth multi-billion-dollar project in Guyana will bring the country’s production capacity to approximately 1.3 million barrels per day,” said Liam Mallon, president of ExxonMobil Upstream Company.
- Production from the six Stabroek block developments will generate tens of billions of dollars of revenue and significant economic development for Guyana.
- ExxonMobil affiliate ExxonMobil Guyana Limited is operator and holds 45% interest in the Stabroek block.