Exploration/discoveries
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
-
New awards and extensions to previous work are valued at almost $500 million. -
The license covers exploration and development of area fields for next 27 years.
-
The former North Platte discovery gets new owner, new name
-
The rural Weld County projects total almost 100 new wells in the Wattenberg.
-
The well plan follows a memorandum of understanding covering natural gas cooperation in the region.
-
The discoveries bring the total number of its finds offshore Guyana to more than 25.
-
Nations coming together with common interests and approaches to energy is a hallmark of the modern times. Nations in South America and the Caribbean are also joining the trend via strategic energy alliances as disclosed by the presidents of Guyana and Suriname at a recent conference in Suriname, Paramaribo.
-
The new finds could add more than 600 million BOE of gross crude reserves.
-
The new agreement will see the partnership jointly invest in four deepwater projects.
-
The duo looks to new drilling of the $8-billion pre-salt project in the Santos Basin.
