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Corporate week in brief: ExxonMobil opens third play in Guyana with Hammerhead discovery
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Report summary
Hammerhead is ExxonMobil's ninth discovery offshore Guyana, and unlocks a new, third play on the Stabroek Block. Total recoverable resources on the block are estimated at over 4 billion boe, with up to 18 more prospects to be tested over the coming years. Read more on this, and the following stories: • Equinor upgrades Sverdrup and looks to the future • Chinese NOCs deliver strong financials in H1 2018 • A record quarter for the Russian majors • Setback for Canadian operators as TMX pipeline approval quashed • Total sells Joslyn to CNRL for C$225 million
Table of contents
- Macro: oil prices, oil and gas shares
- Lead story: ExxonMobil opens third play in Guyana with Hammerhead discovery
- Companies: Equinor, CNOOC Ltd, Sinopec Corp, PetroChina, LUKOIL, Gazprom
- M&A: Total, CNRL
Tables and charts
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GuyanaData dashboard
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