Exploration/discoveries
Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
-
Updates about global exploration and production activities and developments. -
Updates about global exploration and production activities and developments.
-
Updates about global exploration and production activities and developments.
-
The Biden administration postpones Sale 261 while awaiting court ruling.
-
Sale includes stake in the Abadi gas project.
-
Studies center on subsea wells connected to an FPSO.
-
Find could hold as much as 130 million BOE.
-
The $32-million deal nets producer proved reserves of 3.2 million BOE.
-
Nation also changes fiscal regime to attract new investment.
-
New terms would allow contractors more than 50% equity share in some new blocks.
