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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. Exxon is the operator of the block with a 45% stake. Hess Corp, and CNOOC of China. dollars for the projects partners.

Barrel 130
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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.

Field 40