Seventh Stabroek block development will have the capacity to produce approximately 150,000 barrels of oil per day (bopd), bringing total installed capacity on the block to 1.5 million bopd. ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. There are currently some 6,200 Guyanese working in support of Stabroek block operations - which is about 70% of the workforce. ExxonMobil Guyana and its contractors have spent more than US$2.9 billion with Guyanese suppliers since 2015. ExxonMobil affiliate ExxonMobil Guyana Limited is operator and holds 45% interest in the Stabroek block.