Exploration/discoveries
The $2.9 billion Shah Deniz Compression project, expected online in 2029, will enable additional production of around 50 Bcm of gas and 25 million bbl of condensate.
Updates about global exploration and production activities and developments.
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
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Venus well could prove 2 billion-barrel find. -
Malaysia Bid Round 2022 is promoting 14 exploration blocks in addition to known discovery areas.
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Licenses include a dozen in the North Sea, 10 in the Norwegian Sea and 4 in the Barents
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Additional tie-back opportunities should move even more volumes through the facility.
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Partners confirm find, begin planning for additional well in the area.
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Gas discovery the first from nation’s offshore exploration concessions.
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KUFPEC makes commercial discovery of natural gas and condensate in the Anambas Block.
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Exploratory, development well success in current onshore program.
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Deal also includes commitment from Eni to drill four wells.
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State-run company will direct $2 billion towards frontier drilling in the area.
