Exploration/discoveries
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.
Formerly titled E&P Notes, this monthly snapshot of global E&P activity highlights ongoing developments worldwide.
The country’s foreign investment bid comes as Sonatrach launches its largest capital expenditure outlay—$60 billion to be spent from 2026 to 2030.
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CEO John Hess said the Whiptail discovery could form the basis for a future oil development in the southeast area of the Stabroek Block. -
Ministry reveals shale finds during tests in sensitive basin.
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The gas find is likely to be tied back to the nearby Jangkrik floater.
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Significant Perdido-region find could merit its own host.
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Contract for a dozen wells plus options to begin next year.
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The semisubmersible will begin North Sea work in early 2022.
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New find could add 150 million BOE to reserves.
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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.
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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.
