Exploration/discoveries
Of the total approved by ADNOC’s board, $50 billion will be invested in Canada under a framework agreement targeting projects in AI, energy, and mining.
Westwood Energy analysts suggest operators have an opportunity to secure rigs at lower rates for their 2027 drilling programs.
The Essington-1 well is the first discovery in the Otway since 2021.
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JPT’s first year of publication was one of groundbreaking events that would transform the global petroleum industry. A recap of developments in 1949 emphasizes the high hopes attached to the industry—and the ambitious goals of the new magazine. -
Oil remains an indispensable and irreplaceable part of the global energy mix. As convenient, efficient, and highly energy-dense sources, natural gas and oil are simply unmatched by any currently available alternatives.
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Updates about global exploration and production activities and developments.
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The latest successful drilling campaign brings Suriname’s discovered resources to over 2.4 billion bbl of oil, according to Wood Mackenzie.
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The operator remains on track to green light the nearby Kaskida find before year-end.
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Updates about global exploration and production activities and developments.
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Updates about global exploration and production activities and developments.
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The Mexican state oil company turns to the bit in a bid to add meaningful reserves from the deep Mexican Gulf.
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Block 3B/4B is on trend with nearby Namibian discoveries Venus and Graff.
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The supermajor will gain a 60% working interest and assume operatorship in the AREA OFF-1 block.
