QatarEnergy, TotalEnergies, Petronas negotiating oil production deal, says Guyana official [Reuters]
TotalEnergies SE (TTE)
Company Research
Source: Reuters
REUTERS/Sarah Meyssonnier/File Photo HOUSTON, May 8 (Reuters) - Guyana's cabinet has approved a bid for an offshore oil block by a consortium including QatarEnergy (QATPE.UL), TotalEnergies and Malaysian state oil firm Petronas (PETRA.UL) , a Guyana minister said on Wednesday. The group's bid for shallow water block S-4 is being negotiated with Guyana's energy ministry, Minister of Public Works Deodat Indar said at the Offshore Technology Conference. Report this ad Guyana, home of the largest oil discoveries in nearly a decade, put 14 offshore block on offer last September in its first competitive auction. An Exxon Mobil-led group has announced discoveries of more than 11 billion barrels of recoverable resources since 2015. The QatarEnergy, TotalEnergies and Petronas group were among the previously announced. Guyana has not yet awarded any of the blocks. Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up Reporting by Ma
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- 4/29/24 - Form F-3ASR
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