| | | | | | The assessment determined an 8.1-11.3 tcf resource base with a 9.7 tcf best estimate. |
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| The project is expected to achieve plateau production of about 10,000 boe/d in 2026. The oil property is medium crude. |
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| The Kavango West 1X well, the second test in the Damara Fold Belt play, will be drilled to a planned total depth of about 3,800 m targeting the thick Otavi carbonate reservoir section. |
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| The approved plan totals $57.74 million over the first 3 years, including $13.96 million in surface infrastructure and $43.78 million for drilling and development operations. |
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| | | Terms follow the signing of a Memorandum of Understanding in September 2024 to evaluate hydrocarbon exploration in the Shamakhi-Gobustan regions. |
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| The Ivory Coast government, through its Council of Ministers, approved Petrobras' declaration of interest for nine blocks, Petrobras said in a release June 4. |
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| NEO agreed to acquire a Gran Tierra subsidiary for $7.5 million. The unit holds 100% interest in a UKCS license which includes the Serenity discovery, a potential future tie-back to the Bleo Holm FPSO. |
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| | | | The agreement between TotalEnergies and Shell will see both parties add equity to operated positions in Gato do Mato and Lapa fields. |
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| The scope of work covers maintenance and upgrades to sustain production levels across offshore assets in the South China Sea, with PTAS Aker Solutions serving as the main contractor. |
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| | | | With extension of the licenses, which cover Jubilee and TEN fields, the partners will commit to increase the supply of gas from the fields to about 130 MMscfd. |
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| bp agreed to new developments with state oil company SOCAR for additional development of Shah Deniz gas field in Azerbaijan. |
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| | Sponsored | | Discover how Raman spectroscopy is revolutionizing the hydrocarbon processing industry with real-time, non-destructive analysis for enhanced process optimization, quality control, and sustainability. |
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| | Sponsored | | Lauren is redefining energy infrastructure execution through a disciplined, relationship-driven approach that emphasizes trust, value, and operational excellence. |
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