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

Oil & Gas 360º

Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. Exxon is the operator of the block with a 45% stake. billion in net profit for their joint oil operations offshore Guyana, according to Guyanese government data. Hesss share was $1.88

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Oil Review Middle East - Untitled Article

Oil Review Middle East

The field is operated by North Oil Company, a joint venture between QatarEnergy (70%) and TotalEnergies (30%). As 2025 progresses, we are eager to build on our strong footing in Qatar and continue to work with our clients to provide the best-in-class provisions.

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