ExxonMobil Guyana Limited reported earnings of approximately G$982.5 billion for 2025, whilst highlighting the significant revenues generated for Guyana through the country’s oil production agreement.
According to the company’s 2025 financial statements, released to the media on Tuesday, approximately G$1.71 trillion (US$8.7 billion) in revenue was generated.
Total operating expenditure stood at approximately G$498.5 billion, whilst income tax expenses amounted to approximately G$231.6 billion.
The company attributed its performance to increased production volumes following the start-up of the One Guyana Floating Production, Storage and Offloading (FPSO) vessel, despite lower global oil prices during the year.
“ExxonMobil had a very strong year, underpinned by strong operational performance, and earned $4.7 trillion Guyanese dollars of earnings, driven primarily by the start-up of One Guyana, offset by lower crude prices.
We continue to reinvest the profits that we are making here, and the contract is doing what it was incentivised to do — reinvestment and increasing production and revenue for all parties.
We are delivering industry-leading performance, applying our scale and technology to develop a world-class resource safely and efficiently, which is driving increased profits and revenues for all parties.
As Guyana’s energy partner, ExxonMobil remains committed to delivering value for the people of Guyana,” Vice-President and Business Services Manager John Colling told reporters on Tuesday.
The figures demonstrate that the Production Sharing Agreement (PSA) is delivering revenues to the Government of Guyana without requiring the state to bear any upfront investment costs, the company said.
Colling also noted that co-venturers continue to recover substantial investments made in developing Guyana’s offshore petroleum resources.
The year-end figures compare with G$1.73 trillion in revenue recorded in 2024, along with G$995.1 billion in profit.
Output from the Stabroek Block exceeded 900,000 barrels of oil per day by the end of 2025, ExxonMobil said, pointing to long-term projections that could see government revenues surpass US$10 billion annually by 2030.
