Exxon to maneuver ahead with fifth oil challenge offshore Guyana (NYSE:XOM)

Oil platform on the ocean. Offshore drilling for gas and petroleum

NiseriN/iStock by way of Getty Photos

Exxon Mobil (NYSE:XOM) and its companions mentioned Thursday they made a final investment decision to develop their fifth and costliest challenge on Guyana’s offshore Stabroek block.

The $12.7B Uaru challenge will produce ~250K bbl/day and cost 27% more than

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