Exploration/discoveries
Updates about global exploration and production activities and developments.
Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anti-corruption efforts for the 2025 Licensing Round, which began on 1 December.
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Exploratory, development well success in current onshore program. -
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.
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New discovery pair drilled near Fram field.
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New find located in Shell’s prolific Perdido Corridor in western US Gulf.
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State-run Staatsolie retains its 40% stake in Block 5.
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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.
