TotalEnergies Expects 4% Higher Oil and Gas Production for Q1

TotalEnergies Expects 4% Higher Oil and Gas Production for Q1

TotalEnergies expects its first-quarter oil and gas production to have increased by almost 4% on the year to the high end of the quarterly guidance range of 2.5 to 2.55 million barrels of oil equivalent per day (boe/d). The French supermajor, which reports full quarterly results on April 30, announced on Tuesday key indicators for its first-quarter performance. TotalEnergies expects the results in its exploration & production (E&P) division to r…

Mauritania participated in the 23rd Technical and Economic Meeting (TEC) and the 16th Meeting of Special Envoys for Data and Statistics (SEDAS), currently being held in Doha, Qatar, from 14 to 16 April 2025. This course discussed a range of issues related to the natural gas industry, including gas economics, consumption and production, market development, as well as developments and strategies in the field of investment by international oil comp…

Oil production at Yellowtail development should start later this year

See below the full release from ExxonMobil Guyana Limited:  April 15, 2025: ExxonMobil Guyana today announced the arrival of the ONE GUYANA Floating, Production, Storage and Offloading (FPSO) vessel in Guyanese waters.  This vessel joins the Destiny, Unity and Prosperity FPSOs in the Stabroek Block offshore Guyana. Constructed by SBM Offshore, the ONE GUYANA FPSO will operate in the Yellowtail development, with an initial production capacity of …

The French oil company said it expects production between 2.50 million and 2.55 million barrels of oil equivalent per day in the first three months of 2025

7th  oil project likely to cause higher cost-of-living for Guyanese - Exxon study reveals

…highlights role of Govt. in buffering inflation through cash grants, subsidies Kaieteur News-  ExxonMobil’s seventh proposed deepwater development in the Stabroek Block- Hammerhead – can contribute to higher cost-of-living, specifically resulting in increased cost of certain goods and housing. This is according to an Environmental Impact Assessment (EIA), conducted by the company’s consultant, Environmental Resources […] The post 7th  oil proje…