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.
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Dry hole dampens spirits in Brazil’s Sergipe-Alagoas Basin. -
New FPS hosting production from a trio of deepwater fields.
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Operator purchases outstanding interest in shallow water producing properties
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African nation becoming the latest global hotspot for giant oil finds.
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Plan to double gas output in order to help ease supply issues in Europe caused by Russian invasion.
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A successful appraisal well at the field has boosted reserves estimates as high as 1 billion barrels.
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The Glaucus-2 well confirms the existence of a multi-TCF gas field.
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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.
