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ExxonMobil driller earned US$703M from Guyana in 2023

ExxonMobil driller earned US$703M from Guyana in 2023
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With day rates increasing, Exxon driller makes Guyana its prime cash cow

Offshore driller, Noble Corporation, has made Guyana its prime cash cow. Noble is one of the companies involved in the oil and gas sector, and has been winning big from increasing activities. The market day rates, according to the UK Company, are steadily rising for use of offshore vessels.

Exxon extends contract for drill ships costing about US$420,000 each to rent daily

American drilling company, Noble Corporation PLC, on Thursday announced that ExxonMobil Guyana has extended their contract for the rental of four of their drill ships  at an average day rate of about US$420,000 (GYD$84 million) for each.

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