ExxonMobil advances fifth oil development offshore Guyana
- Last Updated on May 1, 2023
- Upstream Oil & Gas
According to World Oil, ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving the required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 bbl of daily capacity after a targeted startup in 2026. The $12.7 billion Uaru project
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