Business
ExxonMobil Guyana Takes Ownership of $2.32 Billion FPSO ONE GUYANA, Securing Key Asset for Offshore Expansion
ExxonMobil Guyana has completed the purchase of the FPSO ONE GUYANA from SBM Offshore in a $2.32 billion deal, solidifying its stake in the prolific Stabroek block. SBM will continue to operate and maintain the vessel until 2035 under an integrated model.