Exploration/discoveries
The deal targets increased investment and production from one of the country’s largest onshore developments.
Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field.
Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
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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.
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Petroleum Development Oman is building infrastructure for the project’s initial phase.
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Statfjord has produced 5.1 billion barrels of oil equivalent over its four-plus decades online.