Exxon's consortium has recovered $33.9 bln in Guyana, Vice President says

Reuters
28 Feb
Exxon's consortium has recovered $33.9 bln in Guyana, Vice President says

GEORGETOWN, Feb 28 (Reuters) - A consortium led by U.S. major Exxon Mobil XOM.N in Guyana had recovered at the end of January $33.9 billion of the $41.1 billion it has spent at its massive Stabroek offshore block, the South American country's Vice President, Bharrat Jagdeo, told Reuters.

The figure includes spending to explore more than 30 wells at the block, and the development of six oil and gas projects approved by the government.

(Reporting by Kemol King, writing by Marianna Parraga)

((marianna.parraga@thomsonreuters.com; +1 713 371 7559; Reuters Messaging: @mariannaparraga))

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