Exploration/discoveries
Malampaya East discovery is estimated to hold 98 Bcf of gas and may help offset declines at the country’s only producing gas field.
Equinor, Aker BP, DNO Norge, and Vår Energi received the most licensing offers in APA 2025.
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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Straddling Europe and Asia, the Black Sea is emerging as a frontier for deepwater gas exploration and production as Romania and Turkey drive projects complicated by subsea hazards found nowhere else on earth. -
Awards related to the 2024 APA round are expected to be announced in early 2025.
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Updates about global exploration and production activities and developments.
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China's biggest offshore company is looking to open a new frontier with shallow reservoirs found in the deep water of the South China Sea.
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Updates about global exploration and production activities and developments.
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The KRI has become a significant player in the oil and gas industry. The authors use production data from key fields to explore the factors influencing both individual fields and overall production. An overview of the challenges and milestones in the region’s oil and gas sector from 2014 to 2023 enhances understanding of its evolution, current status, and future oppor…
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The Persian Gulf nation is hoping that offshore exploration will help boost its production capacity to 4 million B/D by next decade.
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As Azerbaijan prepares to host COP29, JPT looks back at how the country prospered for millennia on its largess of oil and gas and its unique geography along the ancient Silk Road that today is traversed by pipelines delivering gas and oil to Europe from the depths of the Caspian Sea.
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Updates about global exploration and production activities and developments.
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The initial well is being reviewed along with other discoveries in the area for possible joint development.
