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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UK-based oil company pulls out of South American country after non-commercial finds. -
Sapakara South flow test encouraging, but Bonboni well result disappoints.
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New phase to venerable field ushers in natural gas, lower-emissions focus.
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Santos basin pre-salt find to be further evaluated following completion of well.
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The Yoti West-1 encountered oil in upper Miocene-aged sands.
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The field near Shetland had been the subject of environmental protest.
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Deal with OMV raises interest to 35% on Barents Sea project slated to come online in 2028.
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Planned seismic survey will cover shallow water acreage ahead of a planned bid round in 2023.
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Tests confirm significant progress in deep shale gas exploration at a depth of over 4,000 meters.
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Large gas development expected to come online as early as 2025.
