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Exxon bets big on natural gas in its eighth Guyana oil project

Oil & Gas 360ยบ

The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil. The huge resources discovered offshore Guyana since 2015 have made the country one of the newest crude oil exporters. By Charles Kennedy for Oilprice.com

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

this year, actively pursuing international partnerships following a revision of its Hydrocarbons Law in 2029. These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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