Exploration/discoveries
The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
Preliminary estimates indicated recoverables of between 30 million and 110 million BOE at the discoveries, which Equinor called its largest of the year.
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Sapakara South flow test encouraging, but Bonboni well result disappoints. -
New phase to venerable field ushers in natural gas, lower-emissions focus.
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Santos basin pre-salt find to be further evaluated following completion of well.
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The Yoti West-1 encountered oil in upper Miocene-aged sands.
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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.
