Case Study New country entry in Guyana for the Upstream business
Kaieteur Falls in Guyana, located on the northern mainland of South America. When ExxonMobil discovers new resources in countries where we do not have a significant footprint, we take a diligent, respectful approach to starting activities. This is the case for our new operations in Guyana.
In May 2015, ExxonMobil announced an oil and gas discovery in the Stabroek block, located approximately 120 miles offshore Guyana. This marks the first significant discovery for the country. We initiated oil and gas exploration activities in Guyana in 2008, collecting and evaluating substantial 2-D and 3-D seismic data that led to the company safely drilling its first exploration well.
ExxonMobil works in many countries around the world and in a range of physical and socioeconomic environments, including regions with established industry presence and those where oil and gas is a newly emerging sector. Every- where we work, we are committed to conducting business in a manner that is compatible with the environmental and economic needs of the communities in which we operate. We work in ways that protect the safety, security and health of our workers, our customers and the public.
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