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U.S. Oil Giants Fight Over Guyana’s 11-Billion Barrel Treasure Trove

OilPrice

supermajors ExxonMobil and Chevron regarding their rights to one of the worlds most lucrative oil projects. Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. This week, a private arbitration panel in London began hearing the arguments of U.S.

Barrel 297
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U.S. oil giants fight over Guyana’s 11-billion barrel treasure trove

Oil & Gas 360º

(Oil Price) –This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the worlds most lucrative oil projects. Guyana is now the third-largest per-capita oil producer in the world, according to the U.S. supermajor.

Barrel 130
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BW Energy announces substantial oil discovery at Bourdon field offshore Gabon

Oilfield Technology

BW Energy is pleased to announce that second sidetrack DBM-1 ST2 well has confirmed the substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu Licence offshore Gabon, announced on 7 March 2025.