Exploration/discoveries
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
Gran Tierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel & Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
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The Mexican state oil company turns to the bit in a bid to add meaningful reserves from the deep Mexican Gulf. -
Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block.
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Majors and independents alike are targeting high-impact wells across the globe to boost future oil and gas production volumes.
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Updates about global exploration and production activities and developments.
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While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
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Updates about global exploration and production activities and developments.
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Updates about global exploration and production activities and developments.
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Updates about global exploration and production activities and developments.
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The Biden administration postpones Sale 261 while awaiting court ruling.
