Corporate$XOM4:30 PM ETdeveloping · v3

ExxonMobil approves Longtail development offshore Guyana, targets 2030 startup

By BORSA NewsroomPublished Nov 12, 2026, 4:30 PM ESTUpdated Nov 12, 2026, 4:30 PM EST

ExxonMobil has taken final investment decision for the Longtail gas and condensate project on the Stabroek block, with $12.5 billion investment and 2030 target start-up.

Sentimentbullish 70

Bullish · 70 of 100

Impact60

medium · sector-wide

Confidence90%

high confidence · 3 wires

Eventdeveloping

v3 · alerted to followers

WHAT WE KNOW

ExxonMobil made FID for Longtail after government and regulatory approvals.
Longtail is the eighth Stabroek block development.