ExxonMobil is set to enhance natural gas production from its oil-focused operations in Guyana via a large-scale project, in response to the government's request to supply more gas to onshore power and petrochemical development projects.

U.S. oil major Exxon Mobil plans to boost natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more gas to fuel onshore power and petrochemical projects.

XOM and the Guyana government are advancing a large-scale gas project, leveraging a $1B pipeline and offshore LNG facility to drive power generation and industrial growth.

Exxon Mobil Corp. outlined plans to increase natural gas production from oil-focused Guyana and is considering options to export the fuel to global markets, country manager Alistair Routledge said Wednesday.

A large-scale gas project by Exxon Mobil in Guyana set to provide natural gas to shore and export liquefied natural gas (LNG) will also include fertilizer plants, the head of the U.S. oil major in Guyana,

Production capacity in Guyana is expected to surpass 1.7 MMbbl/d, with gross production growing to 1.3 MMbbl/d by 2030.

Exxon Mobil plans to boost natural gas production in Guyana through a new large-scale project to include fertilizer plants.