Exploration/discoveries
Updates about global exploration and production activities and developments.
Angola expects an 18% rise in natural gas production by 2030 as global producers invest in offshore exploration and new field development.
A total of 20 companies submitted applications for new exploration blocks offshore Norway.
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The Yoti West-1 encountered oil in upper Miocene-aged sands. -
The field near Shetland had been the subject of environmental protest.
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Deal with OMV raises interest to 35% on Barents Sea project slated to come online in 2028.
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Planned seismic survey will cover shallow water acreage ahead of a planned bid round in 2023.
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Tests confirm significant progress in deep shale gas exploration at a depth of over 4,000 meters.
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Large gas development expected to come online as early as 2025.
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Producer gets minority interest in two licenses offered in 12th Offshore Round.
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Deal marks state-owned energy company’s entry into Canada’s offshore sector.
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New discovery at Cataback builds confidence in the greater Turbot area.
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Field will deliver gas to Trinidad market from a resource discovered in 2017.
