ExxonMobil launches record-breaking project for floating production, storage, and offloading vessel, significantly increasing oil production capacity for its Guyana operations.

ExxonMobil Guyana has started the Yellowtail oil field development project. The core facility of this project, the "ONE GUYANA" floating production storage and offloading vessel, is the largest production facility in the Stabroek block to date, with an initial average annual production capacity of 250,000 barrels per day and a storage capacity of 2 million barrels. The crude oil produced will be sold under the brand name "Golden Arrowhead."