Exploration
News
December 22, 2023
The so-called Extended Continental Shelf covers about 1 million square kilometers (386,100 square miles), predominantly in the Arctic and Bering Sea, an area of increasing strategic importance where Canada and Russia also have claims.
News
December 21, 2023
Recent offshore ventures in Ivory Coast, Angola, and the Republic of the Congo have propelled European service providers to clinch major contracts, highlighting technological prowess in drilling, engineering, and subsea services.
News
December 18, 2023
This advanced data acquisition approach not only increases exploration success rates but also contributes to more efficient resource utilization, ultimately reducing operational risks and costs for clients.
News
December 15, 2023
TotalEnergies, in partnership with QatarEnergy and Petronas, have signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname (Staatsolie), the State-owned oil company of Suriname.
News
December 15, 2023
SBM Offshore has secured a $210 million revolving credit facility to finance the construction of Fast4Ward Multi-Purpose Floater (MPF) hulls, the company said on Dec. 15.
News
December 13, 2023
The updated recoverable resource estimate for the oil discovery in the Garn, Ile and Tilje formations is between 44 and 75 MMboe, while estimates for the underlying Åre Formation discovery are between 6 and 25 MMboe.
News
December 12, 2023
The presence of nearby hydrocarbon accumulations in older reservoirs, coupled with the evidence of oil charge to Upper Miocene units, provides great encouragement that the reprocessed ANG Block 16 dataset can lead to further exploration success.
News
December 10, 2023
(WO) — PTTEP has made significant back-to-back discoveries offshore Malaysia, the company announced on Dec. 7. These include new findings in three fields off Sarawak, Malaysia—Chenda-1 in block SK405B, and Bangsawan-1 and Babadon-1 in block SK438.
News
December 07, 2023
The Ramform Sovereign is scheduled to mobilize for the survey in December, and the contract has a total duration of approximately 50 days.
News
December 04, 2023
(WO) — AGR has secured the well management contract with Apus Energia Guinea-Bissau S.A. for a deepwater exploration well in the Sinapa license offshore Guinea-Bissau, with drilling set to commence in summer 2024.
News
December 01, 2023
This achievement was the result of an intensified exploration program pursued in the last few years, which saw the drilling of 25 wells, the highest number of exploration wells drilled in a single year since 2015.
Article
November 2023
Will $100+ oil kill exploration…again?
News
November 27, 2023
The Mopane exploration well, which has been spud, is the first of two wells which are scheduled to be drilled by the semi-submersible rig Hercules under a contract that provides for two wells and optional testing.
News
November 10, 2023
The Joint Venture believes that the rock quality discovered in the Maastrichtian horizon in the Wei-1 well is analogous to that reported in the Liza Discovery on Stabroek block.
News
November 09, 2023
The joint venture aims to identify future subsea tie-back exploitation and exploration prospects in the area using Talos's Neptune facility as the host platform.
News
November 09, 2023
PGS was awarded a 4D acquisition contract offshore West Africa. Mobilization is scheduled for Q4 and the contract has a total duration of approximately 60 days.
News
November 07, 2023
The Ramform Titan is scheduled to mobilize for the survey in December, and the exploration contract has a total duration of approximately 160 days.
News
November 06, 2023
Preliminary estimates of recoverable volumes at Hibiscus South are 6-7 MMboe and in line with pre-drill expectations of approximately 16 MMboe in place / 7 MMboe recoverable.
News
November 06, 2023
The recoverable volumes are estimated to be between 5 and 16 MMboe. The well was drilled by the Noble Lloyd Noble rig.
News
November 03, 2023
Further evaluation is being undertaken to determine the full extent of this discovery and its potential development synergy with the Sloanea-1 discovery made in 2020 within the same block.
News
November 02, 2023
The seismic campaign was a result of the discovery of hydrocarbon reservoirs on neighboring permits and highlights Perenco Congo and Congorep's determination to continue exploring new oil fields in Congo.
