ExxonMobil, Hess See Plenty of Promise in Offshore Projects in Guyana, Gulf of Mexico

SUGAR LAND--January 13, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)-- ExxonMobil Corporation (NYSE:XOM) (Irving, Texas) and Hess Corporation (NYSE:HES) (Houston, Texas) continue to see promise in their exploration wells in the Stabroek block offshore Guyana, where the companies estimate the block's Liza field holds 1.4 billion barrels of oil equivalent. A discovery announced earlier this week could further strengthen their case for a proposed floating, production, storage and offloading (FPSO) facility. Industrial Info is tracking more than $28 billion in global offshore projects involving ExxonMobil and/or Hess.

Within this article: Details on Exxon Mobil and Hess' projects in and around the Liza field, as well as high-value projects further north in the Gulf of Mexico.