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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Gas discovery the first from nation’s offshore exploration concessions. -
KUFPEC makes commercial discovery of natural gas and condensate in the Anambas Block.
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Exploratory, development well success in current onshore program.
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Deal also includes commitment from Eni to drill four wells.
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State-run company will direct $2 billion towards frontier drilling in the area.
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Petroleum Development Oman is building infrastructure for the project’s initial phase.
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Statfjord has produced 5.1 billion barrels of oil equivalent over its four-plus decades online.
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New discovery pair drilled near Fram field.
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New find located in Shell’s prolific Perdido Corridor in western US Gulf.
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State-run Staatsolie retains its 40% stake in Block 5.
