ExxonMobil recovers capital investment in Guyana oilfields two years ahead of schedule

ExxonMobil has fully recouped its US$55 billion capital investment in Guyana's offshore oil projects, reaching the milestone two years earlier than projected. The development highlights the accelerated profitability of the Stabroek Block, though it intensifies domestic debate in Guyana regarding the adequacy of the state's share of oil revenues under existing production sharing agreements.