Exploration/discoveries
Discovery yields the largest hydrocarbon column to date in the Dussafu Marin license offshore Gabon.
Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream.
-
State-run Staatsolie retains its 40% stake in Block 5. -
Phase 2 production should reach 40,000 BOE/D by mid-2022.
-
Onshore stake valued at $1.1 billion.
-
Compared with 2020, the largest discoveries made last year may hold just a third of the oil and gas reserves, according to new data from Westwood Global Energy Group.
-
Field cluster in the South China Sea expected to produce over 45,000 B/D of oil in 2023.
-
UK-based oil company pulls out of South American country after non-commercial finds.
-
Sapakara South flow test encouraging, but Bonboni well result disappoints.
-
New phase to venerable field ushers in natural gas, lower-emissions focus.
-
Santos basin pre-salt find to be further evaluated following completion of well.
-
The Yoti West-1 encountered oil in upper Miocene-aged sands.
