Map from Hibiscus Petroleum Bhd.
Production sharing contract offshore Malaysia and Vietnam.
Discoveries

Hibiscus discovers oil in offshore Malaysia-Vietnam PSC

April 29, 2024
Hibiscus Oil & Gas Malaysia discovered oil in the PM3 commercial arrangement area production sharing contract offshore Malaysia and Vietnam.
Map from Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) .
Equinor license offshore Newfoundland.
Discoveries

C-NLOPB licenses Equinor discovery offshore Newfoundland

Feb. 5, 2024
The Canada-Newfoundland and Labrador Offshore Petroleum Board has issued Significant Discovery License 1060 offshore eastern Newfoundland to Equinor Canada Ltd. and has released...
Photo from Petrobras
Discoveries

Petrobras finds hydrocarbons in Potiguar basin

Jan. 30, 2024
Petróleo Brasileiro SA identified hydrocarbons in the deepwater Pitu Oeste exploratory well in block BM-POT-17 in the deepwater Potiguar basin, 52 km off the coast of the state...
Discoveries

Parex makes discovery in Colombia, plans 5% production growth in 2024

Jan. 26, 2024
Parex Resources, Calgary, has discovered oil and gas in Arauca in eastern Colombia.
Source: China Petroleum & Chemical Corp.
Sinopec operations, China.
Discoveries

Sinopec discovers Project Deep Earth gas field

Jan. 24, 2024
Sinopec discovered Hexingchang gas field during its Project Deep Earth in Sichuan, China. The proven geological reserves amount to 133.012 billion cu m.
Discoveries

Equinor plugs North Sea oil discovery deemed unprofitable

Jan. 22, 2024
Equinor Energy AS has plugged a well that was drilled on behalf of Aker BP, operator of production license 272 B in the North Sea after an oil discovery was deemed not profitable...