Management
Murphy Oil’s Hai Su Vang (Golden Sea Lion) appraisal well reinforces the commerciality of the 2025 discovery.
The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
Engineering, procurement, construction, and installation awards made at the end of 2025 are expanding Saipem’s role in Turkey’s two largest offshore gas fields, plus Saudi Arabia’s Berri, Abu Safah, and Marjan oil fields and Qatar’s North Field gas giant in the Persian Gulf.
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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. -
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.
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Mukuyu-1 sidetrack proves a working hydrocarbon system in the Cabora Bassa basin.
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Wellesley estimates that the drilling campaign has proved a developable gas-condensate accumulation of 60 to 100 million BOE.
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The Uganda oil project envisions drilling more than 450 wells on 35 well pads, leading to an estimated production of 230,000 BOPD at its peak once production starts up.
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The next phase of drilling is expected to resume in mid-2024 and includes several sidetrack wells, long-reach directional wells, and stratigraphic exploration wells.
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Challenges to development, including costs, cited as reasons for turning back the acreage.
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Jackup rig Borr Norve has started drilling operations on the project’s fourth production well, DHIBM-6H.
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Fervo Energy’s bet that fracturing methods can be used for geothermal power is looking like a winner.
