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.
-
Deal marks state-owned energy company’s entry into Canada’s offshore sector. -
New discovery at Cataback builds confidence in the greater Turbot area.
-
Field will deliver gas to Trinidad market from a resource discovered in 2017.
-
Operator sites Covid-19 related issues for delayed work on massive land parcel.
-
Exploration test could yield as much as 200+ million BOE.
-
Data gathered from the well will be used to inform the next steps for Keskesi appraisal.
-
The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
-
Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
-
Operator inks $252 million deal for use of newbuild drillship.
-
Deal marks the first ADNOC partnership with Pakistani energy companies.
