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

  • peregrinex547
  • Sep 24
  • 1 min read

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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.

 
 
 

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