Guyana oil consortium led by Exxon sees significant rise in net profit in 2023, surpassing Nvidia’s margins
Government data from Guyana revealed that last year, an Exxon Mobil-led consortium secured a lucrative deal generating $6.33 billion for partners. The trio enjoyed a combined net margin of 56%, surpassing that of Nvidia Corp. The consortium’s revenue rose by 23% to $11.25 billion in 2023 due to the addition of a third production vessel, … Read more