Exxon Mobil Corporation (XOM) , a U.S. oil and gas giant, has decided to proceed with the Hammerhead discovery as its seventh project in Guyanese waters. Discovered in 2018, the Hammerhead field is part of the prolific Stabroek Block off the coast of Guyana. The field is known to have approximately 60 meters of high- quality sandstone reservoirs containing oil. ExxonMobil has filed an application with the government of Guyana for an environmental permit to proceed with a new investment that’s aimed at boost ...