Exploration/discoveries
After acquiring the block more than a decade ago, Petrobras has finally found oil in the deepwater area of the Equatorial Margin with the Morpho-1 exploration well.
Sixteen companies submitted 69 bids worth $99.5 million in the Big Beautiful Gulf 3 sale.
Equinor, ADNOC, Eni, Santos, Saipem, and Halliburton lead this week’s offshore energy headlines, with a new Barents Sea discovery, a $6.2 billion UAE gas project FID, and major contract awards across Côte d’Ivoire, Iraq, Libya, and Romania. Key updates also include progress at Santos’ Barossa and Pikka developments and new North Sea drilling commitments from Equinor a…
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China's biggest offshore company is looking to open a new frontier with shallow reservoirs found in the deep water of the South China Sea. -
Updates about global exploration and production activities and developments.
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The KRI has become a significant player in the oil and gas industry. The authors use production data from key fields to explore the factors influencing both individual fields and overall production. An overview of the challenges and milestones in the region’s oil and gas sector from 2014 to 2023 enhances understanding of its evolution, current status, and future oppor…
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The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
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Updates about global exploration and production activities and developments.
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As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
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The initial well is being reviewed along with other discoveries in the area for possible joint development.
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Woodside Energy’s deepwater Sangomar field offshore Senegal has reached first oil, and company CEO Meg O’Neill called the reservoir quality “very, very close” to pre-drill predictions.
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A May expedition identified 10 mud volcanos on the Norwegian Continental Shelf, and geochemical and biostratigraphy tests are underway to determine the age of the mud and the potential for hydrocarbons.
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If confirmed, the 14 billion BOE believed to lie at the bottom of the East Sea could satisfy Korea’s gas demand for 29 years.
