Exploration/discoveries
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
This study applies Monte Carlo simulation and an XGBoost regression model to assess the influence of various formations, geologic provinces, tectonic-plate types, and boundary conditions on hydrogen concentrations.
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The deal targets increased investment and production from one of the country’s largest onshore developments. -
Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field.
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Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
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The agreement requires the partners to conduct their own proprietary 3D survey of Block 8 in hope of zeroing in on the sweet spot that eluded the TotalEnergies-led consortium when it drilled a dry hole in an adjacent block in 2023.
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Murphy Oil’s Hai Su Vang (Golden Sea Lion) appraisal well reinforces the commerciality of the 2025 discovery.
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Only about one-third of Africa’s discovered hydrocarbon resources have reached commercialization.
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Updates about global exploration and production activities and developments.
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The Nigerian Upstream Petroleum Regulatory Commission has set its sights on anticorruption efforts for the 2025 Licensing Round, which began on 1 December.
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The discovery in the Kutei Basin offshore Indonesia is being considered for fast-track development.
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Deepwater blocks drew most of the attention in the first lease sale for the offshore region to be held in 2 years.
