Exploration/discoveries
The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
Operator inks $252 million deal for use of newbuild drillship.
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Country ceases hydrocarbon licensing to focus on greener forms of energy production -
New reserves will likely be developed via subsea tieback
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Finds could lead to Turkey becoming an exporter of natural gas
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Three-well plus two options campaign could add material gas reserves
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Eastern Canada offshore heats up with Flemish Pass drilling plans
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Royal duo could add over 130 million bbl of reserves
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The move is part of a larger reset, cutting the operator’s international exposure
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Major makes another discovery in Stabroek block, comes away empty in Canje
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Oman will open a new round of bidding on two onshore blocks from which previous license holders are exiting and a promising offshore block near where production has recently been initiated from the Yumna field.
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block.
