Exploration/discoveries
The operator has estimated about 500 million bbl of oil in place at Algaita in Block 15/06.
Rystad Energy expects the continent to account for the largest share of frontier and basin-opening wells in 2026 as operators pursue scale and untapped resources.
Updates about global exploration and production activities and developments.
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If the find is commercially viable, the company and its partners say a subsea-to-shore development plan could produce first gas as early as 2027. -
Updates about global exploration and production activities and developments.
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The birthplace of Royal Dutch Shell, Indonesia and Malaysia, buck trends and grow their gas and oil industries, expecting a record number of final investment decisions in the next 4 years in gas, deep water, and carbon capture projects to support Southeast Asia’s booming economic growth.
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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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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.
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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.
