Exploration/discoveries
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
Egypt’s newest round of drilling agreements advances its quest to boost investment in mature fields to stop the freefall in gas production.
Updates about global exploration and production activities and developments.
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The Glaucus-2 well confirms the existence of a multi-TCF gas field. -
A sidetrack is planned to confirm commercial quantities of oil and gas.
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Saudi looks to increase natural gas role in electricity production.
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New discovery could hold 100 million barrels of oil.
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Ecuador program will involve over 40 wells over 18 months.
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Venus well could prove 2 billion-barrel find.
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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.
