TotalEnergies
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QatarEnergy’s acquisition of a 30% interest in E&P blocks offshore Lebanon with TotalEnergies and Eni expands the company’s East Med portfolio while enabling the Emirate to help mediate Beirut’s longstanding political and economic crisis. -
Projects in the running include one each from Nigeria, Saudi Arabia, and Guyana.
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The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years. -
Crude output from the country is now less than 15,000 B/D.
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The results of well testing at Zeus-1 are being combined with results of testing at two other discoveries to create a plan for the fast-track development of the offshore block.
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The French supermajor is looking to drill Lebanon's first successful exploration well by the end of next year.
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The partners will explore Block 2K, an ultradeepwater block off Sabah.
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A second well, Curaçao, also encountered commercial oil volumes in the Santos Basin.
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The French operator plans to drill the first exploration well on an onshore tract during 2023.
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This paper describes a high-density high-pressure/high-temperature brine-based drilling fluid that provides long-term stability and solids-suspension properties for extended periods of time.
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Good news in Block 53 is offset by disappointing results in Block 58.
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The Angolan project is expected to add 30,000 B/D of oil production by year-end 2024.
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