XOM concludes the purchase of FPSO Prosperity from SBM Offshore before the expiration of the maximum lease term of the FPSO.

The cash consideration will be allocated mainly to repay the $980m project financing, consequently reducing SBM Offshore's ...

Amsterdam, November 7, 2024 SBM Offshore and ExxonMobil Guyana Ltd, an affiliate of Exxon Mobil Corporation, have completed ...

In another significant boost for local content, three Guyanese companies will be providing fabrication services to support the construction of the Jaguar Floating, Production, Storage and Offloading ...

Through ExxonMobil’s Guyanese subsidiary, ExxonMobil Guyana, the transaction transfers ownership of the Prosperity FPSO to ...

US supermajor ExxonMobil is implementing several production optimisation initiatives at the Liza field in the prolific ...

ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore ...

ExxonMobil saw a big drop in energy products results due to weakened refinery margins. The company pointed to record oil and natural gas output in Guyana and strong results in the Permian Basin ...

The Haimara cluster in Guyana's Stabroek block and the Sloanea discovery in Suriname's Block 52 could supply up to 12 MMtpa ...

ExxonMobil ( XOM -0.03%) has come a long way over the last five years. The oil behemoth has transformed into a much more ...

Profits at ExxonMobil and Chevron fell in the third quarter as lower commodity prices and weaker refining margins outweighed ...

ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were ...