ExxonMobil makes new oil discovery off Guyana ...Middle East

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GEORGETOWN: US energy giant ExxonMobil on Friday announced a new offshore oil and gas discovery in waters off Guyana that are also claimed by neighboring Venezuela.The oil and gas strike, the first of 2024, was in the Stabroek block, the company said.The so-called Bluefin well is in the southeast portion of the block and at a depth of 4,244 feet (1,294 meters).Some 30 discoveries made in Stabroek since 2015 have turned Guyana into an energy powerhouse with proven reserves of 11 billion barrels.Drillers “encountered approximately 197 feet (60 meters) of hydrocarbon-bearing sandstone,“ Exxon said Friday.“Our exploration program continues to improve our understanding of the block’s potential to

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