Exploration/discoveries
The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
Updates about global exploration and production activities and developments.
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
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The rigs will work in the Norwegian Sea and on the Johan Castberg field. -
Supermajor down, but not out of Brazilian exploration game.
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The operator had been in communication with government about the future of the permits since 2020.
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Italian company finds 200 million BOE with its Block 7 exploration well.
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Norwegian oil company gets $220 million for 28% of the license.
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The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.
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Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The nation set to offer 14 offshore blocks in April.
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The operator adds equity interests in five discoveries in the region.
