Exploration/discoveries
The next wave of unconventional growth will likely come from basins in Argentina, the Middle East, Australia, and elsewhere, fueled by expertise gained from shale plays in North America.
Assets consolidated into the Searah JV include Eni-operated deepwater gas-condensate developments in the Kutei Basin, offshore East Kalimantan, Indonesia.
Xu outlines the thinking and theories that led his team to six world-class oil discoveries that total more than 100 million tons of proven geological reserves since 2021.
-
Infrastructure-led exploration program leads to significant find. -
New find will likely be tied into future Johan Castberg infrastructure.
-
African oil and gas is increasingly becoming an investment magnet as new discoveries position the continent as a guarantor of energy security to emerging Asian nations and as Africa itself seeks to enter the 21st century.
-
Standalone or subsea development options remain in play.
-
The development scheme may include possible tie-in to the nearby Solveig field.
-
Up to 10 FPSOs could be needed to fully develop the discovered resource base in the area.
-
Latest Canje Block test does not find commercial hydrocarbons.
-
OBR 4 will include license opportunities in the country’s exclusive economic zone.
-
South American country looks to revitalize its offshore oil industry by offering 32 new blocks for exploration
-
Total number of applicants down for latest Barents Sea frontier licensing round.
