Exxon-led consortium's profit in Guyana rose to $10.4 bln in 2024

Reuters

2025/06/03

GEORGETOWN, June 3 (Reuters) - The profit of a consortium by oil producers Exxon Mobil XOM.N, Hess HES.N and CNOOC 600938.SS in Guyana increased 64% last year to $10.4 billion, Exxon said on Tuesday.

The group's expenses in the South American country rose to $4.9 billion in 2024 from $3.5 billion the previous year, the U.S. company added.

(Reporting by Kemol King, writing by Marianna Parraga)

((marianna.parraga@thomsonreuters.com; +1 713 371 7559; Reuters Messaging: @mariannaparraga))

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