Exploration/discoveries
The Göktepe-3 discovery boosts Turkey’s gas reserve estimates by 10%, supporting Ankara’s ambitions to become a regional gas export hub.
The new policy aims to accelerate the leasing timeline and expand access to public lands.
The contracts build on Cairo’s decades-long strategic energy alliance with Moscow, which will soon include nuclear energy.
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The Biden administration postpones Sale 261 while awaiting court ruling. -
Sale includes stake in the Abadi gas project.
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Studies center on subsea wells connected to an FPSO.
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Find could hold as much as 130 million BOE.
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The $32-million deal nets producer proved reserves of 3.2 million BOE.
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Nation also changes fiscal regime to attract new investment.
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New terms would allow contractors more than 50% equity share in some new blocks.
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BP, QatarEnergy and Zarubezhneft were among the other winners.
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The energy ministry instructed a shutdown following Hamas missile strikes.
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Total structure discovered could hold as much as 5 Tcf of gas in place.
