Exploration/discoveries
The Loran Phase 2 license award builds on BP’s growing presence in Venezuela as it seeks to develop offshore projects, particularly shared fields near Venezuela’s maritime border with Trinidad and Tobago.
Gran Tierra will refocus its investment strategy to strengthen its portfolio in Canada and Azerbaijan while Maurel & Prom, majority owned by Pertamina’s international upstream arm, grows its South American footprint in Colombia and Ecuador.
After acquiring the block more than a decade ago, Petrobras has finally found oil in the deepwater area of the Equatorial Margin with the Morpho-1 exploration well.
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Italian company finds 200 million BOE with its Block 7 exploration well. -
The first of two exploration wells planned to be drilled in Mexico's Block 30 is being hailed as a success by the German operator.
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Regulator hits the brakes on any Jeanne d’Arc Basin acreage offerings for 2023.
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After successfully identifying prospects offshore Namibia with Shell and TotalEnergies, QatarEnergy is now expanding its African footprint into Mauritania.
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The nation set to offer 14 offshore blocks in April.
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The operator adds equity interests in five discoveries in the region.
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Initial production rates have exceeded 10,000 B/D of oil.
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Production-sharing contracts sold were in the Baram Delta region.
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Ministry takes to Twitter to reveal new oil concession round coming soon.
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South Bohai Sea find offers up light crude bounty.
