NYSE:XOMOil and Gas
Exxon Mobil Balances Guyana Production Asset With Circularity Investments
Exxon Mobil (NYSE:XOM) has closed a $2.32b deal to acquire the FPSO ONE GUYANA for deployment in the Yellowtail development offshore Guyana.
The vessel will continue to be operated by SBM Offshore under a long term arrangement, separating ownership from day to day operations.
Exxon Mobil is also advancing a joint venture to build a major chemical recycling center in Houston, alongside progress toward larger chemical recycling capacity.
Exxon Mobil, trading around $149.05, is set against a...