Guyana’s lucrative agreement with an Exxon Mobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp. The trio’s combined net margin was 56%, greater than the 49% Nvidia earned in its most recent fiscal year. The Stabroek offshore oil venture’s 2023 revenue soared 23% over the prior year, to $11.25 billion, as the addition of a third production vessel expanded output.
Yahoo! Finance: HES News
