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03 AUG 2026 MONDAY
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A multibillion-dollar boost is on the horizon for the Guyanese economy, thanks to a $6.8 billion investment, which ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, has set its cap on pouring into the development of its seventh offshore oil project in the Stabroek block off the coast of Guyana.
Stabroek Hammerhead FPSO Guyanese MODEC Change View Dan Ammann Upstream Company Natural Resource Fund Petroleum Guyana One Guyana Guyana Currently President Envisioned
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news Offshore Energy ·2025-09-23

$6.8 billion project accelerates Guyana’s oil boom: ExxonMobil’s seventh development is a go

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