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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Initial production rates have exceeded 10,000 B/D of oil. -
Production-sharing contracts sold were in the Baram Delta region.
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Ministry takes to Twitter to reveal new oil concession round coming soon.
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South Bohai Sea find offers up light crude bounty.
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The latest Orange basin find is the third in the past year.
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The appraisal results are not enough to push development forward.
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A new report from Rystad Energy expects more than $200 billion will flow into greenfield offshore projects over the next 2 years.
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Gas production from The Mabrouk North-East field is online.
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Røver Sør find is said to contain up 47 million BOE of recoverables.
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Construction of a treatment plan for the natural gas from latest wells is ongoing.
