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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.

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Kazakhstan’s Giant Kashagan Oilfield to Hit 1 Billion Barrels Production Soon

OilPrice

Kashagan is located in the North Caspian Sea in Kazakhstan and is one of the biggest oil discoveries globally of the past 50 years. The oilfield has approximately 35 billion barrels of oil in place, of which nearly half are estimated to be recoverable.

Barrel 154
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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. supermajor.

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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.

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ExxonMobil CEO Darren Woods on Doubling Recovery Rates and the Future of Fracking

Oil Gas Leads

In a recent interview on CNBC, ExxonMobil Chairman and CEO Darren Woods shared compelling insights into the companys long-term strategy for unlocking greater value from unconventional oil and gas resourcesspecifically through advanced fracking technology and the goal of doubling recovery rates. As the company moves forward with its $59.5

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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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