Exploration/discoveries
Equinor, Aker BP, and Vår Energi will combine resources and expertise to pursue some of the largest remaining exploration opportunities on the Norwegian Continental Shelf.
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
Gran Tierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel & Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
-
Applications will now be reviewed, and licenses will be awarded sometime in 2022. -
New find in CTP Block 4 boosts reserve potential to as much as 700 million BOE.
-
New find could hold up to 200 million BOE in place.
-
Rig will shift to drill Bonboni prospect before returning for Sapakara South flow test.
-
Successful sidetrack will be fast-track developed via the nearby Marlin TLP.
-
Gas flows from Shell’s first greenfield project in Trinidad and Tobago.
-
Country ceases hydrocarbon licensing to focus on greener forms of energy production
-
New reserves will likely be developed via subsea tieback
-
Finds could lead to Turkey becoming an exporter of natural gas
-
Three-well plus two options campaign could add material gas reserves
