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

Oil & Gas 360ยบ

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Exxon plans a final investment decision for Longtail in 2026 and could start up the project by 2029.

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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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