| | | | | | Energean will remain operator of the concession during the exploration stage. In the event of a hydrocarbon discovery, ExxonMobil will assume operatorship during the development stage. |
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| The well is classified as dry with hydrocarbon shows, however hydrocarbon shows were observed in the Hardråde formation and Tryggvason formation in the Upper Cretaceous. |
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| | | | Sponsored | | MPACT transforms rods into high-performance assets. Performance has been verified through more than a billion fatigue cycles and decades of field data, showing up to 25% higher load capacity and 64% longer life. Backed by TRC’s lifetime guarantee, MPACT rods keep producing where others give out. |
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| | | "Receiving approval to conduct both seismic acquisition and exploration drilling activities within the KON-16 block is a major milestone for Corcel, setting us on the path to drilling a high-impact exploration well," said Richard Lane, Corcel chief operating officer. |
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| | | QatarEnergy has signed two new production sharing contracts for offshore Blocks 9 and 10 in Suriname. |
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| | | | The North Sea Transition Authority approved the transfer to Serica Energy and extended the license term to Aug. 31, 2026, for Phase B and Aug. 31, 2028, for Phase C. |
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| | In the no-cash deal, DNO would increase its stake in Verdande field and transfer its stake in Vilje field and interests in the Kveikje discovery and three exploration permits to Aker BP. |
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| | | The exploratory well, drilled in the Essar prospect, reached a depth of 10,476 ft and encountered oil-bearing formations containing 15-42 MMboe estimated contingent recoverable volumes. |
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| The drilling approval allows Georgina Energy via its 100% wholly owned subsidiary, Westmarket Oil and Gas Pty. Ltd. to extract helium, hydrogen, and natural gas from the prospect. |
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| | | | Sponsored | | This guide condenses two decades of research into a practical, petroleum engineer–focused approach to geological CO₂ storage (GCS) modeling. It bridges theory and real-world application, integrating CO₂ injection into reservoir workflows. Featuring Excel-based tutorials, quizzes, and examples, it’s ideal for mastering CO₂ storage for CCS, EOR, or transitioning from oil and gas to carbon storage. |
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| | | | The contract covers design, procurement, construction, and installation of 143 km of rigid risers and flowlines in water depths exceeding 2,000 m. The subsea network will connect 18 wells to a new FPSO via steel catenary risers in a ‘lazy wave’ configuration. |
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| | Sponsored | | As industries embrace digital transformation, embedded AI is emerging as a game-changer—enabling real-time decisions, enhancing security, and driving sustainability. Discover how Schneider Electric is leading with edge and embedded AI for a smarter, resilient future. |
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Sponsored | | Digital technologies like IoT sensors and digital twins improve chemical industry safety by predicting failures, streamlining risk mitigation, and ensuring regulatory compliance while fostering a safety-first culture across all organizational levels. |
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| In continuation of the initial 2-year firm term, the contract has now been extended by 5 months to complete an eight well program for the Johan Sverdrup Unit. The contract still includes five 1-year options available for Equinor following the extension. |
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