03 October 2025 ExxonMobil has sanctioned its seventh major offshore project in Guyana, approving a final investment decision (FID) of US$6.8bn for the Hammerhead development in the Stabroek Block. The move comes a decade after the first oil discovery in the basin, underscoring Guyana’s emergence as one of the fastest-growing oil producers in the world. […]| The Caribbean Council