Exploration/discoveries
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
Updates about global exploration and production activities and developments.
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Life-extension project will double the facility’s life in hopes to double its output to date. -
The new well in offshore Bloc 9 is expected to wrap up by year-end.
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SMJ will get 50% nonoperating interest in the PSC.
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Plan granted contains permission for one appraisal well and up to six horizontal development wells.
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One new license holds the future location of the Gale exploration well.
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The rigs will work in the Norwegian Sea and on the Johan Castberg field.
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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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Norwegian oil company gets $220 million for 28% of the license.
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Italian company finds 200 million BOE with its Block 7 exploration well.
