Exploration/discoveries
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.
Ultradeepwater prospects along the northern coast of Brazil could help offset decline in legacy basins, though permitting hurdles remain a wild card.
Saipem has launched offshore operations in Suriname, while Repsol is expanding exploration efforts in Venezuela and partnering with MOL Group and TPAO in the Mediterranean. Petronas, Shell, and Murphy Oil reported new discoveries in Suriname, Namibia, and Côte d’Ivoire, respectively, as Occidental acquired a stake offshore Trinidad and Tobago and BP began gas producti…
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Malaysia Bid Round 2022 is promoting 14 exploration blocks in addition to known discovery areas. -
Licenses include a dozen in the North Sea, 10 in the Norwegian Sea and 4 in the Barents
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Additional tie-back opportunities should move even more volumes through the facility.
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Partners confirm find, begin planning for additional well in the area.
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Gas discovery the first from nation’s offshore exploration concessions.
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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.
