ExxonMobil (XOM) in Talks to Merge Gas Development Projects

Exxon Mobil Corporation (XOM) , alongside TotalEnergies (TTE) , is entering discussions with Suriname’s state-owned oil company, Staatsolie, to potentially develop natural gas fields along the maritime borders shared with Guyana.To the west of Suriname, ExxonMobil has already made significant progress in Guyana, leading a consortium that has elevated the country’s oil production to 650,000 barrels per day. This consortium is exploring the development of gas fields in Guyana, intending to enhance the country ...