Exploration/discoveries
Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
Co-owner Chevron confirmed the find at the Bandit prospect offshore Louisiana and suggested it may become a subsea tieback to existing faciltiies operated by Occidental Petroleum.
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Ecuador program will involve over 40 wells over 18 months. -
Venus well could prove 2 billion-barrel find.
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Malaysia Bid Round 2022 is promoting 14 exploration blocks in addition to known discovery areas.
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Licenses include a dozen in the North Sea, 10 in the Norwegian Sea and 4 in the Barents
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Additional tie-back opportunities should move even more volumes through the facility.
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Partners confirm find, begin planning for additional well in the area.
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Gas discovery the first from nation’s offshore exploration concessions.
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KUFPEC makes commercial discovery of natural gas and condensate in the Anambas Block.
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Exploratory, development well success in current onshore program.
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Deal also includes commitment from Eni to drill four wells.
