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

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.