ExxonMobil has taken the final investment decision (FID) on the Hammerhead project, the seventh development on Guyana's Stabroek block, following regulatory clearances. The Stabroek block is operated ...

Yellowtail brings Guyana’s total installed capacity to above 900,000 barrels of oil per day (bopd) Largest Guyana development to date with an initial annual average production of 250,000 bopd Startup ...

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Exxon Mobil Corporation XOM has built its moat on capital discipline and advantaged upstream assets. In the second quarter of 2025, XOM began production at its fourth Guyana offshore mega-project, ...

Exxon Mobil authorized a $6.8 billion expansion offshore of sparsely populated Guyana, it announced Sept. 22. The project is its seventh in just a decade within the massive South American oil ...

NOV Inc. NOV had won a contract from ExxonMobil Corporation XOM Guyana during the third quarter of 2025 and is now committed to delivering an actively heated flexible pipe system for the Hammerhead ...

US supermajor ExxonMobil has officially relinquished 20% of the area of the prolific Stabroek block offshore Guyana. The decision to return part of Stabroek to the government is outlined in the ...

Exxon Mobil (XOM) said Tuesday it amassed $4.67B in profit from its Guyana operations in 2025, slightly lower than the previous year, and minority partner Hess - which is owned by Chevron (CVX) - ...

The most valuable aspect of Hess' business is its 30% stake in the Stabroek Block in offshore Guyana. The other holders are ExxonMobil, with a 45% interest, and Chinese state-owned CNOOC with a 25% ...