First EAGE Guyana-Suriname Basin Conference
26-28 October 2022 | Hybrid (Georgetown, Guyana - Online)
The company is engaged in exploration and appraisal activities offshore Guyana, participating in one of the industry’s largest oil discoveries in the past decade with the first phase of a planned multi-phase development of the Stabroek Block in Guyana underway.
CNOOC International holds a 25% working interest in the Stabroek Block, located approximately 200 kilometres offshore Guyana, covering 6.6 million acres. ExxonMobil is the operator with 45% interest and Hess has a 30% working interest. Recoverable resources are estimated more than 8 billion barrels of oil equivalent.
Within the Block, three discoveries had made in 2020 and five in 2019, making it 18 discoveries in the region since 2015. These include: Liza, Payara, Snoek, Liza Deep, Turbot, Ranger, Pacora, Longtail, Hammerhead, Pluma, Tilapia, Haimara, Yellowtail, Tripletail, Mako, Uaru, Yellowtail-2 and Redtail. All the discoveries have enhanced value and potential of the block.
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Created in 1924 to enable France to play a key role in the great oil and gas adventure, TotalEnergies has always been driven by an authentic pioneering spirit. It has discovered some of the most productive fields in the world. Its refineries have created increasingly sophisticated products and its extensive distribution network has rolled out an ever-expanding range of services.
As for the Company’s culture, it has been forged on the ground, underpinned by an unwavering commitment to safety and performance. Throughout its long history, TotalEnergies was to frequently cross paths with two other oil companies, one French – Elf Aquitaine – and the other Belgian – Petrofina. Sometimes competitors, some-times partners, they gradually learned to work together. Their talent lay in being able to combine their strengths against their competitors. Such was the major challenge behind the mergers of 1999. They gave rise to the fourth oil major, a group built on a wealth of expertise and experience. Some 20 years later, Total became TotalEnergies, driven by a powerful ambition: to be a world-class player in the energy transition and to achieve, together with society as a whole, carbon neutrality in all its global activities by 2050.
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