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ExxonMobil approves $6.8 billion Hammerhead project in Guyana

Investing.com•Monday, September 22, 2025 at 3:40:58 PM
PositiveFinancial Markets
ExxonMobil approves $6.8 billion Hammerhead project in Guyana
ExxonMobil has greenlit a significant $6.8 billion investment in the Hammerhead project located in Guyana, marking a major step in the country's oil sector development. This project is expected to enhance Guyana's position as a key player in the global energy market, creating jobs and boosting the local economy. The approval reflects ExxonMobil's confidence in the region's resources and its commitment to expanding operations, which is crucial for both the company and the host nation.
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