Exxon and Partners Approve $12.5 Billion Guyana Offshore Gas Investment
ExxonMobil and its partners reached a final investment decision to develop natural gas and condensate offshore Guyana, with a $12.5 billion investment.
By Collin EatonExxonMobil and its partners have cleared the last hurdle to pour another $12.5 billion into the oil-rich seabed off the coast of Guyana. This time, they're looking to pump natural gas and condensate.The U.S. oil giant said they reached a final investment decision Thursday to send a f…