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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The appraisal results are not enough to push development forward. -
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.
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The Southern North Sea find could be one of the largest in the area in a decade.
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The Dutch Government will no longer issue drilling permits for new onshore oil and gas wells.
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The Uaru development is expected to pump 250,000 barrels of oil at peak.
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New gas discovery is the first made on the Norwegian continental shelf this year
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Wood Mackenzie said "advantaged barrels" that are cheap to extract and with low emissions represent less than a third of untapped resources.
