Exploration/discoveries
Updates about global exploration and production activities and developments.
Sale 262 will be the first new auction covering leases in US Gulf federal waters in 2 years.
Oil and gas companies drilled 75 “high-impact” wells in 2024, representing 5.2 billion BOE.
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Rig will continue to work offshore India.
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Gas reserves will prove an important feedstock for Atlantic LNG facilities.
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Pair joins other E&Ps who have halted work in the area after disappointing results.
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While many expect oil and natural gas to retain their roles in the energy mix of 2050, the more significant question should not only be on how much oil and gas will be needed but from where the world will find it.
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Project consists of two production wells and a subsea tieback to ETAP.
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The Biden Administration plans for a maximum of three lease sales in the Gulf of Mexico from 2024 to 2029.
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Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
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Lebanon hopes to join the club of EastMed gas producers as TotalEnergies and its partners spud an appraisal well near Beirut’s maritime border with Israel where gas is already being produced.
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The discovery in Putumayo could benefit from nearby existing infrastructure.
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The Anita Garibaldi was built by MODEC and will produce Marlim and Voador together with FPSO Anna Nery, already in operation.