Guyana continues to be a pivotal part of ExxonMobil’s portfolio as one of its high-return assets and the company yesterday announced net income for the third quarter of US$20 billion, the highest in its history.
“We feel pretty good about the production growth that we’re seeing across the portfolio. We’ve talked about the record production in the Permian and Guyana is obviously performing very, very well with both of those boats (platforms) running at above capacity,” ExxonMobil’s Chairman Darren Woods yesterday reported during the company’s third quarter earnings call.
Woods boasted to investors and analysts, of the company’s most recent discoveries and that current production in the Stabroek Block has surpassed the design capacities of the two FPSOs that are operating.
