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.
-
Deal with OMV raises interest to 35% on Barents Sea project slated to come online in 2028. -
Planned seismic survey will cover shallow water acreage ahead of a planned bid round in 2023.
-
Tests confirm significant progress in deep shale gas exploration at a depth of over 4,000 meters.
-
Large gas development expected to come online as early as 2025.
-
Producer gets minority interest in two licenses offered in 12th Offshore Round.
-
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.
