Discoveries News

Hibiscus Petroleum Sets Record with Longest Well Drilled Offshore Malaysia

May 24, 2023

Malaysia's Hibiscus Petroleum said Wednesday its subsidiary Hibiscus Oil & Gas Malaysia Limited, had completed the longest well drilled in Malaysia at the Bunga Orkid field in the northern area of the PM3 CAA PSC.The PM3 CAA PSC is a commercial arrangement area between Malaysia and Vietnam…

Brazil: Petrobras Makes Hydrocarbon Find in Santos Basin's Aram Block

May 17, 2023

Brazilian oil company Petrobras said Wednesday it had discovered hydrocarbons in the Santos Basin pre-salt, in an appraisal well in the Aram block.The well 3-BRSA-1387D-SPS is located 260 km from the city of Santos-SP, at a water depth of 1…

Brazil: Petro Rio Finds Oil in Maracanã Prospect Near Valente FPSO

May 09, 2023

Brazilian oil company Petro Rio said Tuesday it had found evidence of oil in the Maracanã prospect (3-PRIO-1-RJS well), which is located 6km southwest of Valente FPSO (ex-Frade FPSO).The primary target (Eocene sandstone), presented a column of 36 meters of oil…

ExxonMobil Strikes Oil Again in Guyana's Stabroek Block

Apr 26, 2023

ExxonMobil has made yet another oil discovery in Guyana's prolific Stabroek offshore block.The news of the new offshore oil discovery in Guyana was shared by Hess Corp., ExxonMobil's partner in the block, where around 11 billion barrels of oil have been discovered in recent years…

Wintershall Dea Makes Important Discovery Offshore Mexico

Apr 26, 2023

Operator Wintershall Dea and its partners Harbour Energy and Sapura OMV have made a significant oil discovery on the Kan exploration prospect in Block 30, located in the shallow waters of the Cuenca Salina in the Sureste Basin, offshore Mexico…

OMV Norge Strikes Oil at Eirik Prospect in North Sea, Off Norway

Apr 20, 2023

Oil and gas company OMV Norge has made an oil discovery at the Eirik prospect in the North Sea, off Norway, the Norwegian Petroleum Directorate said Thursday.The wildcat well 15/2-2 S, in the production license 817, where OMV is operator,  was…

Aker BP Makes Oil Discovery in North Sea, Offshore Norway

Apr 13, 2023

Norwegian oil company Aker BP has discovered oil in the North Sea offshore Norway, the Norwegian Petroleum Directorate said Thursday.Aker BP used the Scarabeo 8 semi-submersible drilling rig to drill the wildcat well 25/4-15.According to the Norwegian Petroleum Directorate…

FPSO En Route to Develop Ivory Coast's Largest Offshore Field

Apr 07, 2023

Italian oil firm Eni, with its partner PetroCi, on Thursday celebrated the sail away of the FPSO Firenze to the giant Baleine oil and gas field offshore Ivory Coast.The FPSO Firenze, which sailed away from Dubai, will allow the production start-up of the Baleine field…

Eni Discovers 200 Million Barrels of Oil Offshore Mexico

Mar 17, 2023

Italian oil company Eni said Friday it had made a new discovery on the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico. According to preliminary estimates, the…

Norway: Equinor, Partners to Relinquish Offshore Block Containing Oil Find. Longboat to Reapply for the Acreage

Mar 06, 2023

Oil and gas companies Equinor, PGNiG, and Longboat Energy have relinquished the license in Norway containing the Egyptian Vulture offshore oil discovery, but Longboat plans to re-apply for the acreage as it believes the discovery has high potential…

Shell Strikes Oil Again in Namibia with Jonker-1X Deepwater Exploration Well

Mar 06, 2023

After discovering oil and the Graff-1 well in Namibia in 2022, Shell has now made another offshore oil discovery in the country's deep waters.This time, Shell made a discovery at the Jonker-1X deep-water exploration well, QatarEnergy and Namcor…

Vår Energi Strikes Oil in Barents Sea's Countach Well

Mar 02, 2023

Norwegian oil company Vår Energi on Thursday confirmed the discovery of oil in the operated 7122/8-1S Countach well in production license PL229 (Goliat), northwest of Hammerfest, including updated volume estimates. The well, in the Barents Sea…

CNOOC Confirms Third Oilfield Discovery with 100 Million Tons of Reserves in Southern Bohai Sea

Mar 02, 2023

Chinese oil company CNOOC Limited has informed it has discovered the Bozhong 26-6 oilfield in the Bohai Sea, off China, saying the discovery 'brings another hundred million tons of reserves.'Bozhong 26-6 oilfield is located in the south of the Bohai Sea…

Brazil: Karoon to Drill Second Neon Control Well, after First Well Shows Encouraging Results

Feb 21, 2023

Australian oil and gas company Karoon Energy has elected to drill the second control well at the Neon discovery offshore Brazil, after the first control well, Neon-1, confirmed the presence of 25 meters of net oil-bearing pay.Neon-1 and Neon…

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