NYSE:XOMOil and Gas
Exxon Mobil’s New Guyana FEED Move And What It Means For Growth
ExxonMobil Guyana has awarded Front End Engineering and Design contracts to SBM Offshore for a new FPSO linked to the Longtail development.
The contracts cover engineering work for a large offshore project that could support a multi billion dollar investment and expanded production capacity.
This step confirms continued capital focus on Guyana, a key region in Exxon Mobil's upstream portfolio, and was not covered in earlier updates.
For investors following Exxon Mobil, ticker NYSE:XOM, the...