offshore
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Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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Eni reports its latest deepwater exploration well offshore Côte d'Ivoire found gas and condensate in high-quality Cenomanian sands in the Calao channel complex.
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The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
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The deal positions the merged company to benefit from an expected offshore drilling upcycle.
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Shell CEO Wael Sawan said Nigeria’s improving investment climate is boosting its appeal for long-term oil and gas investment.
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The supermajors are seeking new US licenses to develop cross-border natural gas fields.
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This paper proposes a novel approach toward drilling maximum-reservoir-contact wells by integrating automated drilling and geosteering software to control the downhole bottomhole assembly, thereby minimizing the need for human intervention.
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Among the awards are contracts for four currently idle deepwater rigs.
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The Nasr-115 expansion project, within ADNOC’s larger Ghasha concession, is part of a development aimed at increasing capacity to 115,000 BOPD by 2027.
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Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field.