Exxon Mobil’s Longtail FEED Deal Highlights Guyana Growth And Project Risks
ExxonMobil Guyana Limited has awarded SBM Offshore Front End Engineering and Design contracts for a new FPSO on the Longtail development. The contracts cover planning, funding and hull allocation for a major production asset in ExxonMobil's Guyana portfolio. This FEED award marks progress toward potential future production ramp up in the Guyana region for NYSE:XOM. For NYSE:XOM, Guyana has become a central hub in its oil portfolio, and the Longtail development is part of that broader...
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