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Double-time: ExxonMobil and Tullow announce dual discoveries in Guyana
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Report summary
The strike of exploration success in Guyana continues. Tullow Oil made its second discovery in a row in the Orinduik block, opening a new Upper Tertiary play. It helps to de-risk the acreage outside ExxonMobil's Stabroek block. Tullow Oil can develop Joe as a subsea tie-back to its first discovery in Guyana - Jethro. ExxonMobil also reported a discovery. Tripletail will add volumes to the Turbot cluster to the south of Liza. It boosts our confidence that a large FPSO will develop the area.
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