Offshore Technology · February 5, 2026 · 1 min read

ExxonMobil Guyana acquires FPSO ONE GUYANA for $2.32bn

Analysis

OilCyprus Editorial

ExxonMobil Guyana has completed the acquisition of the FPSO ONE GUYANA from SBM Offshore for $2.32 billion. This acquisition signifies ExxonMobil's continued commitment to expanding its production capabilities in the prolific Stabroek Block offshore Guyana, further solidifying its position as a major player in the region.

Key Facts

ExxonMobil Guyana acquired FPSO ONE GUYANA from SBM Offshore.
The acquisition price was approximately $2.32 billion.
FPSO ONE GUYANA will be deployed in the Stabroek Block, offshore Guyana.

Market Impact

This acquisition demonstrates a significant capital investment in offshore production infrastructure. It signals confidence in the long-term viability of Guyana's oil reserves and could encourage further investment in the region's oil and gas sector. The deal also strengthens the relationship between ExxonMobil and SBM Offshore, potentially leading to future collaborations.

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