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Guyana , Tuesday 02 June 2026

ExxonMobil Grows South America Footprint With Guyana Vessel And Colombia Win

Published on: Saturday 07 February 2026

ExxonMobil Grows South America Footprint With Guyana Vessel And Colombia Win ExxonMobil (NYSE:XOM) agreed to acquire the FPSO ONE GUYANA from SBM Offshore for US$2.32b for use in the Yellowtail development in Guyana’s Stabroek block. The FPSO deal is intended to support ExxonMobil Guyana’s production capacity and long term oil output plans in the region. The company also resolved an arbitration dispute in Colombia tied to the VMM-37 block, gaining full rights and interests in the asset. The arbitration outcome allows ExxonMobil to streamline its position in the...


News source: https://finance.yahoo.com/news/exxonmobil-grows-south-america-footprint-150602016.html

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