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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Phase 2 production should reach 40,000 BOE/D by mid-2022.
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Onshore stake valued at $1.1 billion.
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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.
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Field cluster in the South China Sea expected to produce over 45,000 B/D of oil in 2023.
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UK-based oil company pulls out of South American country after non-commercial finds.
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Sapakara South flow test encouraging, but Bonboni well result disappoints.
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New phase to venerable field ushers in natural gas, lower-emissions focus.
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Santos basin pre-salt find to be further evaluated following completion of well.
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The Yoti West-1 encountered oil in upper Miocene-aged sands.
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The field near Shetland had been the subject of environmental protest.