Exploration news
Wood Mackenzie: New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade
The global oil and gas exploration sector had its strongest year in 2022 in more than a decade according to Wood Mackenzie.
Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks
TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.
Equinor postpones Wisting project investment decision
The partners have decided to postpone the investment decision scheduled for December 2022. The maturation of the project continues, aiming for an investment decision by end of 2026.
APA 2022: Interest for exploration in mature areas continues
The authorities have received applications from 26 companies in the Awards in Predefined Areas (APA) 2022.
Rystad Energy: Global oil and gas exploration shrinks as companies shift focus to lower-risk core assets and regions
Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows.
Dry well near the Brage field in the North Sea – 31/4-A-13 C
Wintershall Dea Norge AS, operator of production licence 055, has concluded the drilling of wildcat well 31/4-A-13 C.
Osbit delivers well intervention system to FTAI Ocean
The system, which comprises of 1300 t of equipment and stands at 40 metres tall, will enable riser and riserless based well intervention activities in water depths up to 1500 m.
Seg and Kontiki Exploration discover oil and bitumen field in Uzbekistan
The companies have announced their discovery of a field of super-viscous oil and bitumen in the Zarafshan depression.
ASCO signs agreement to support oil and gas developments in offshore block 58
The company has signed an agreement with Kuldipsingh Port to provide technical expertise for its supply base operations, playing a major role in Suriname’s energy industry.
GD Energy Products achieves top ratings in 2022 Oilfield Products Customer Satisfaction Survey
GD Energy Products (GDEP), a total solutions provider for the drilling, well servicing and frac pumps market, has achieved top ratings in customer satisfaction in the 2022 Oilfield Products Customer Satisfaction Survey, conducted by EnergyPoint Research.