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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New discovery at Cataback builds confidence in the greater Turbot area. -
Field will deliver gas to Trinidad market from a resource discovered in 2017.
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Operator sites Covid-19 related issues for delayed work on massive land parcel.
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Exploration test could yield as much as 200+ million BOE.
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Data gathered from the well will be used to inform the next steps for Keskesi appraisal.
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The country’s 17th Bidding Round attracted bids on just five of the 92 blocks on offer… and all from Shell.
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Aram block was awarded as part Brazil’s 6th Pre-Salt Round.
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Operator inks $252 million deal for use of newbuild drillship.
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Deal marks the first ADNOC partnership with Pakistani energy companies.
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