Dateline 2025-12-12, Upstream:
Malaysian energy giant Petronas has made its maiden foray into global upstream hotspot Guyana, securing a 25% partnership interest in the newly awarded offshore Block S4 — TotalEnergies’ first operated asset in the South American nation.
Operator French supermajor TotalEnergies and co-venturers QatarEnergy and Petronas on Tuesday signed a production sharing agreement (PSA) for Block S4 with Guyana’s Ministry of National Resources.
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