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.
-
Deal marks state-owned energy company’s entry into Canada’s offshore sector.
-
New discovery at Cataback builds confidence in the greater Turbot area.
-
Field will deliver gas to Trinidad market from a resource discovered in 2017.
-
Operator sites Covid-19 related issues for delayed work on massive land parcel.
-
Exploration test could yield as much as 200+ million BOE.
-
Data gathered from the well will be used to inform the next steps for Keskesi appraisal.
-
The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
-
Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
-
Operator inks $252 million deal for use of newbuild drillship.
-
Deal marks the first ADNOC partnership with Pakistani energy companies.