Exploration/discoveries
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
This study applies Monte Carlo simulation and an XGBoost regression model to assess the influence of various formations, geologic provinces, tectonic-plate types, and boundary conditions on hydrogen concentrations.
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
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Initial production rates have exceeded 10,000 B/D of oil.
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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.