Exploration/discoveries
GranTierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel&Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
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.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block. -
Updates about global exploration and production activities and developments.
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Majors and independents alike are targeting high-impact wells across the globe to boost future oil and gas production volumes.
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While projects offshore Cyprus and Israel advance, Lebanon’s latest licensing round follows news that Eni, TotalEnergies, and QatarEnergy drilled a dry hole on Block 9 near the country’s maritime border with Israel.
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Updates about global exploration and production activities and developments.
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Updates about global exploration and production activities and developments.
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Updates about global exploration and production activities and developments.
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The Biden administration postpones Sale 261 while awaiting court ruling.
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Sale includes stake in the Abadi gas project.
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Studies center on subsea wells connected to an FPSO.
