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Exxon’s Guyana boast – gazettE

Exxon’s Guyana boast

Business

Finance

Politics

September 26, 2026

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Exxon’s Guyana boast

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Sep 26, 2026 Editorial, News

(Kaieteur News) – There is something remarkably audacious about ExxonMobil holding up Guyana as a success story to persuade other resource-rich countries to do business with the company.

At a recent Barclays Conference, Exxon’s Senior Vice President and Chief Financial Officer Neil Hansen proudly pointed to Guyana as evidence of what the company can accomplish for resource owners. Exxon has recovered the astounding US$55 billion it invested in exploration and development of the Stabroek Block, and Hansen said the recovery occurred about two years earlier than the company had expected.

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