Exploration/discoveries
Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021.
INEOS Energy and Shell have partnered to invest in Gulf of Mexico exploration, while Eni reported strong productivity from its Geliga 1 discovery in Indonesia. Santos is advancing its Agogo project in Papua New Guinea, and ConocoPhillips received approval to redevelop several previously producing oil fields in Norway’s Greater Ekofisk Area.
After a decade and a half of declining production, Uzbekistan, ranked 15th worldwide in gas output, has been seeking foreign partners to revive and reverse the fortunes of its oil and gas industry.
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Rig will shift to drill Bonboni prospect before returning for Sapakara South flow test.
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Successful sidetrack will be fast-track developed via the nearby Marlin TLP.
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Gas flows from Shell’s first greenfield project in Trinidad and Tobago.
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Country ceases hydrocarbon licensing to focus on greener forms of energy production
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New reserves will likely be developed via subsea tieback
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Finds could lead to Turkey becoming an exporter of natural gas
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Three-well plus two options campaign could add material gas reserves
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Eastern Canada offshore heats up with Flemish Pass drilling plans
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Royal duo could add over 130 million bbl of reserves
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The move is part of a larger reset, cutting the operator’s international exposure