ExxonMobil has taken the final investment decision (FID) on the Hammerhead project, the seventh development on Guyana's Stabroek block, following regulatory clearances. The Stabroek block is operated by ExxonMobil Guyana, which holds a 45% interest. Hess Guyana Exploration and CNOOC Petroleum Guyana have 30% and 25% stakes in the block, respectively. The $6.8bn Hammerhead project is expected to commence operations in 2029. The project will use a floating production storage and offloading (FPSO) vessel ...