ExxonMobil and partners aim to boost daily oil production in Guyana to over 1.3 million barrels by 2027.

ExxonMobil, along with partners Hess and CNOOC, has produced 500 million barrels of oil from Guyana's Stabroek Block since 2019. They aim to boost daily production to over 1.3 million barrels by 2027. The consortium is also contesting Chevron's $53 billion purchase of Hess, claiming a contractual right to buy Hess's stake, a decision to be made by an arbitration panel in May 2023.

November 14, 2024
9 Articles