Exxon Mobil (XOM) unit ExxonMobil Guyana has closed the $2.32 billion purchase of the FPSO ONE GUYANA vessel from SBM Offshore, the deepwater ocean-infrastructure company said Wednesday.

The deal allows ExxonMobil Guyana to take control of the vessel before the lease expires in August 2027, while SBM Offshore will continue managing and servicing the vessel through 2035, the company said.

The vessel has been on hire since August 2025 and will keep using a combined operations model, SBM Offshore added.

Shares of Exxon Mobil were up about 2.5% in recent trading.

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