TotalEnergies takes operatorship of new offshore exploration block in Guyana

TotalEnergies (40%, operator) and its partners QatarEnergy (35%) and Petronas (25%) have signed a production sharing contract for Block S4 with Guyana’s Ministry of National Resources, following the block’s 2023 award in the Guyana 2022 Licensing Round.

Block S4 is a 1,788 sq km block located about 50-100 km from shore. The initial work program consists of a 2,000 sq km 3D seismic acquisition.