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Corporate week in brief: Guyana keeps growing for ExxonMobil
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
ExxonMobil has made an 8th oil strike offshore Guyana. The Longtail discovery could push discovered resources on the block to over 4 billion boe, and paves the way for a joint development with the nearby Turbot discovery. We look at what this means for ExxonMobil, Hess and CNOOC Ltd. We also provide commentary on the following stories: Markets rally as OPEC announces production uplift. CNOOC Ltd greenlights US$400M Long Lake oil sands expansion. Equinor enters Argentina solar. Chevron backs new energy venture fund. Shell sells non-core assets in Norway. BP’s Australian Woolworths deal falls through. Equinor and Aker BP dominate Norway’s 24th round. Equinor partners with Microsoft for cloud services.
Table of contents
- Macro: OPEC increase; oil and gas stocks positive
- Lead story: ExxonMobil makes 8 th discovery offshore Guyana
- Companies: CNOOC Ltd, Equinor, Chevron
- M&A: Shell, BP
- Exploration: Equinor, Aker BP
- Digitalisation
Tables and charts
This report includes the following images and tables:
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Stabroek (Guyana) production by participantData dashboard
What's included
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