Exploration/discoveries
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
Companies largely focused on deepwater acreage in the second Gulf lease sale held under the One Big Beautiful Bill Act.
Operator started planning the development before it made its latest North Sea discovery.
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Partners will go back to the drawing board to design a new well to reach the prospect’s primary objectives. -
The environmental impact statement is a required step before another lease sale can be held in the Gulf of Mexico, a move welcomed by the oil and gas industry.
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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.
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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.
