Exploration/discoveries
Discovery yields the largest hydrocarbon column to date in the Dussafu Marin license offshore Gabon.
Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream.
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Infrastructure-led exploration program leads to significant find. -
New find will likely be tied into future Johan Castberg infrastructure.
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African oil and gas is increasingly becoming an investment magnet as new discoveries position the continent as a guarantor of energy security to emerging Asian nations and as Africa itself seeks to enter the 21st century.
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Standalone or subsea development options remain in play.
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The development scheme may include possible tie-in to the nearby Solveig field.
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Up to 10 FPSOs could be needed to fully develop the discovered resource base in the area.
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Latest Canje Block test does not find commercial hydrocarbons.
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OBR 4 will include license opportunities in the country’s exclusive economic zone.
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South American country looks to revitalize its offshore oil industry by offering 32 new blocks for exploration
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Total number of applicants down for latest Barents Sea frontier licensing round.
