Exploration/discoveries
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
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.
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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If successful, the production could be tied back to the nearby Gjoa platform. -
Target sands for the Beebei-Potaro well find water.
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Fast-track development options are currently under review for the discovery.
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The operator believes the region has high potential for multiple hub-class targets.
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The South China Sea test could lead to a multibillion-barrel find.
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RODW-1 well is the third success for Eni, Sonatrach in current campaign.
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Eni and TotalEnergies’s newest gas discovery offshore Cyprus confirms geologic ties to Egypt’s Zohr field, the Mediterranean’s largest natural gas field.
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The operator finds around 180 million bbl at Krabdagu, water at Rasper.
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The development comprises a pair of subsea wells tied back to existing infrastructure.
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The award follows BP’s participation in a limited bid round held in 2021.
