Exxon’s risk and Shell’s multi-billion-dollar missed opportunity in Guyana’s Stabroek Block

Under different circumstances, ExxonMobil’s success in the Stabroek Block would have been shared with Royal Dutch Shell. The British multinational was ExxonMobil’s partner in the Stabroek Block prior to 2015, with a 50% stake. But looking at the data at the time, the chances of success at Stabroek Block were slim and Shell decided that … Continue reading Exxon’s risk and Shell’s multi-billion-dollar missed opportunity in Guyana’s Stabroek Block