A consortium of oil and gas companies led by French Total Energies has signed a five-year, $35 million agreement with Guyana to explore an offshore oil area, the parties announced.
This agreement marks a significant step in the development of Guyana's energy sector and strengthens cooperation between the country and international energy giants. Total Energies, one of the world's leading oil and gas companies, plans to conduct a detailed assessment of the field's potential using advanced technologies.