Exploration/discoveries
The declaration builds on a memorandum of understanding the partners signed with Egypt in May to process Block 10 gas at the country’s LNG export and domestic gas facilities.
Spain has granted permits covering a swath of the mountain range to Mantle8 for natural hydrogen and helium exploration a month after France granted the company similar permits.
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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Dry hole dampens spirits in Brazil’s Sergipe-Alagoas Basin. -
New FPS hosting production from a trio of deepwater fields.
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Operator purchases outstanding interest in shallow water producing properties
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African nation becoming the latest global hotspot for giant oil finds.
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Plan to double gas output in order to help ease supply issues in Europe caused by Russian invasion.
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A successful appraisal well at the field has boosted reserves estimates as high as 1 billion barrels.
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The Glaucus-2 well confirms the existence of a multi-TCF gas field.
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A sidetrack is planned to confirm commercial quantities of oil and gas.
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Saudi looks to increase natural gas role in electricity production.
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New discovery could hold 100 million barrels of oil.
