Exploration/discoveries
TotalEnergies signed off for 30% operated stakes in the Lang Lebah and B14 gas fields offshore Sarawak on the sidelines of ADIPEC in Abu Dhabi, while also highlighting methane-reduction partnerships in Angola, India, and Southeast Asia.
In Asia, Valeura Energy and PTTEP advanced a Gulf of Thailand gas project, while Murphy Oil and Seadrill moved forward with projects in Vietnam, Indonesia, and Malaysia. In the Americas, Perenco, Petrobras, and Equinor advanced projects in Brazil, Canada, and elsewhere. Other developments included updates from Equinor, Serica Energy, BW Energy, and Sharjah National Oi…
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
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With all permits, personnel, and equipment in place, Zion is set to operate the well. -
The Hassa-1 exploration well in the prolific Stabroek Block was the giant’s second setback to its drilling campaign in recent months.
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The SEMZ-11X is the US independent’s second exploration well in the Southeast Meleiha Concession.
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The US Interior Department says native company missed deadline to conduct polar bear den assessment work ahead of planned geological activity.
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The discovery well is located in the south-western Ring of Bozhong Sag in the Bohai Bay where average water depth is about 23 m.
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Bahama Petroleum's Perseverance #1 establishes petroleum system, will be plugged and abandoned
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ExxonMobil and Petronas discovered hydrocarbon-bearing zones in an exploration well on Block 52 offshore Suriname, adding to ExxonMobil’s finds in the Guyana-Suriname basin.
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If brought to production, the flow of new gas supplies will help cut Jordan’s dependence on oil imports to fuel its power sector and industries.
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More than 30 oil and gas companies took part in the licensing round, which focused on mature areas that can be developed using existing infrastructure.
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After a line of four discovery wells in Suriname, Total and Apache are going off trend with a well to see if the potentially huge play extends north as well.
