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Exploration
Crude Oil
Pharos Energy Finds Oil in Two Reservoirs at Egyptian Well
The Batran-1X commitment exploration well was drilled 4 kilometers west of the Main Tersa-1X well
Oil Exploration
Equinor Makes Minor Oil Discovery in North Sea
Norwegian oil and gas company Equinor has made a minor oil discovery near the Visund field in the North Sea offshore Norway, which will be a tie-in to the plann…
Oil Exploration
Exxon and Its Partners Log New Discovery at Longtail-3 Offshore Guyana
ExxonMobil announced a discovery at Longtail-3 in the Stabroek Block offshore Guyana.
Oil Exploration
Uganda Picks Four Firms For New Oil Exploration Round
Uganda has shortlisted four companies for an exploration round following its second oil exploration tender ever.
Natural Gas
Turkey Expected to Announce New Black Sea Natural Gas Discoveries
Turkey has discovered further deposits of natural gas in the Black Sea, according to people familiar with the matter, and is likely to make an announcement soon…
Oil Exploration
Exxon Quits Deepwater Oil Project In Ghana
Exxon is leaving a deepwater prospect in Ghana after seismic work failed to produce good enough results.
Oil Field
Adnoc Awards $744m Offshore Field Contract to NPCC
The Belbazem block is being developed to reach a production capacity of 45,000 bpd, with the first barrel of oil expected in 2023
Oil Exploration
China Makes Headway in Construction of New Offshore Oil Platform
The float-over installation of the Lufeng 14-4 central platform, China's largest independently designed and built offshore crude oil production platform, has be…
Natural Gas
Sinopec finds abundant flows in Xinjiang oil, gas wells
Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…
Oil & Gas Supply
Shell Plays Down Risk of Stranded Oil and Gas Reserves
Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to…
Oil Exploration
Jordan to Allow Exploration in Nine Hydrocarbon Blocks, Energy Minister Says
The kingdom imports more than 90 per cent of its energy needs and is looking to diversify its mix
Oil Exploration
Eni’s Latest Oil Discovery Could Be Big For Angola
Italian firm Eni has made a new light oil discovery off the coast of Angola after exploration activities recommenced following a year of pandemic restrictions.
Oil Field
Southeast Asia Looks To Increase Offshore Oil Production
Malaysia and Brunei have signed an agreement to develop two offshore oil fields on the maritime boundary, with greater exploration of recent ultra-deepwater dis…
Oil Exploration
Eni Announces a New Light Oil Discovery in Block 15/06, Offshore Angola, Through “ILX” Exploration Strategy
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore.
SINOPEC
China's Sinopec Raises 2021 Capital Expenditure by 23.8%
Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on shale gas development in southwest China and construction of liquefied natural ga…
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