ExxonMobil has decided to move forward with Uaru, the fifth development on the Stabroek block offshore Guyana, with a production capacity of approximately 250,000 barrels per day (b/d) of oil, expected to start in 2026. The $12.7 billion project will include up to 10 drill centers and 44 production and injection wells, and a floating production, storage, and offloading vessel constructed by MODEC. The Stabroek block is also home to Liza Phase 1 and 2, Payara, Yellowtail, and Whiptail developments, with six floating production vessels expected to be online by the end of 2027.
The Georgetown–Linden to New Amsterdam Railway—Patterson’s Transformative Vision for Guyana’s Transportation Future