greenfields

The first of three major unconventional developments in Saudi Arabia has been given the green light. The project will underpin the country's goal to become a top gas exporter by 2030.

The Italian oil and gas company has found its second big well offshore Mexico and is setting its sights on several more in the near future.

Guyana continues to strengthen its reputation as the world’s fastest growing offshore exploration hotspot.

The Italian oil and gas company used a “fast track” model to get the first production well flowing from the Agogo field.

The amount of oil and gas resources approved for development last year surpassed 20 billion BOE, the highest level seen since 2011. Telltale signs have emerged that we are entering a new offshore investment cycle.

A significant discovery of oil off Suriname increases the odds that major oilfields off Guyana will extend across that international boundary.

The Arab world’s most populous country has awarded a string of concessions in a bid to become the region’s next major supplier of natural gas.

The Quesqui field is expected to be the biggest onshore find in Mexico since 1987.

A fresh wave of offshore project sanctions across Southeast Asia could boost greenfield investments in the oilfield service space by almost 70% in 2020. The growth will be driven by a handful of new megaprojects across Malaysia, Myanmar, and Vietnam, according to recent project commitments.

The Caribbean nation hopes the auction will lead to at least two exploration projects in a region that has become increasingly attractive thanks to new discoveries and investments made in neighboring countries.