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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Producer gets minority interest in two licenses offered in 12th Offshore Round. -
Deal marks state-owned energy company’s entry into Canada’s offshore sector.
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New discovery at Cataback builds confidence in the greater Turbot area.
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Field will deliver gas to Trinidad market from a resource discovered in 2017.
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Operator sites Covid-19 related issues for delayed work on massive land parcel.
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Exploration test could yield as much as 200+ million BOE.
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Data gathered from the well will be used to inform the next steps for Keskesi appraisal.
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The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
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Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
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Operator inks $252 million deal for use of newbuild drillship.
