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Total Energies, Qatar Energy and Petronas sign offshore exploration deal in Guyana...
12 Nov, 2025 08:30 304 min read
TotalEnergies, QatarEnergy, and Petronas have signed a key exploration deal for Guyana's Block S4, diversifying a market long dominated by an ExxonMobil-led consortium. As the first agreement from a 2023 tender, the deal involves a $15 million bonus, with TotalEnergies as the operator aiming for rapid exploration. This pact is part of Guyana's broader strategy to attract international investment and develop its energy sector, with more agreements expected soon, even as the government enforces contract terms to ensure progress.... More