Gas
ExxonMobil Greenlights Eighth Stabroek Project
CEII brief
Rigzone reported on 13 Nov 2026: ExxonMobil Greenlights Eighth Stabroek Project.
Read the full story on RigzoneExxonMobil announced a $12.5-billion final investment decision to proceed with Longtail - the first development that is primarily gas and condensate - in the Stabroek block offshore Guyana, after securing government approvals.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
0.0% of electricity in Guyana came from gas in 2021Countries in this story
Original reporting © Rigzone. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
