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Exxon working to determine gas resource at Stabroek Block, Guyana minister says
Reuters· 2026-02-19 17:28
Core Viewpoint - Exxon Mobil is actively working to assess the total natural gas resources at the Stabroek Block in Guyana, with the government emphasizing the need for further evaluation to understand the resource split between crude oil and gas [1]. Group 1: Company Actions - Exxon Mobil is leading the consortium operating the Stabroek Block and is in the process of estimating the resources available, which includes both crude oil and associated and non-associated gas [1]. - The last update from Exxon on the total resource estimate for the Stabroek Block was in 2022, reporting approximately 11 billion barrels of oil equivalent [1]. Group 2: Government Priorities - The Guyanese government, represented by the Minister of Natural Resources, Vickram Bharrat, is focused on developing onshore industrial projects that utilize gas, such as data centers and fertilizer plants [1]. - The government plans to explore export opportunities only after confirming that there is excess gas beyond domestic needs [1].
X @Bloomberg
Bloomberg· 2025-07-04 12:34
New President Daniel Chapo sees hope for long-delayed gas projects that can transform Mozambique. https://t.co/kjvZDE05tW ...