ExxonMobil warns Guyana profit share to dip as it funds future Stabroek projects

ExxonMobil has told investors that Guyana's profit share from the Stabroek Block will decline as revenues are redirected to finance future projects. This marks a shift from the recent trend of Guyana receiving a greater share of profits from the seven approved projects. The development signals potential near-term fiscal pressure for Guyana and underscores the evolving cost-recovery dynamics in its oil sector.