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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India is on a global hunt to tap all colors of fossil fuel and renewables as the country prepares to overtake China as the world’s most populous nation. -
The latest success for the ExxonMobil-led consortium is also adding drillships to support a 15-well campaign in the Stabroek Block.
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New round part of the nation’s multi-year oil and gas licensing strategy.
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Discovery is located west of bp’s large Mad Dog complex in the Green Canyon area.
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New well on the field is slated to begin drilling in late 2021.
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Venture targeting analogous sands to adjacent Suriname discoveries.
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Drillship will be used on the third phase of BC-10 activity.
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Discovery near field’s northern reaches will be fast-tracked for production.
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Three wells planned, including a Hibiscus Extension well.
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Infrastructure-led exploration program leads to significant find.
