Discoveries News


Suriname's Staatsolie Eyes Stake in Apache's Prolific Offshore Block

Aug 03, 2020

Suriname's state-owned oil company Staatsolie is considering farming into an offshore oil block where Apache Corp and France's Total SA have announced a third major discovery, an executive said on Sunday.Staatsolie has the right to a stake of up to 20% in the 1…

ExxonMobil Finds More 'High-quality' Reservoirs Off Guyana, Hess Says

Jul 29, 2020

The U.S. oil major ExxonMobil has recently discovered two more high-quality oil reservoirs offshore Guyana, Hess, the company's partner in the prolific Stabroek block said Wednesday.To remind, back in January, ExxonMobil said it had struck its 16th oil discovery in the offshore block in Guyana…

Eni Makes Gas Discovery Offshore Egypt

Jul 28, 2020

Italian oil and gas giant Eni, along with partners Total and BP, has made a gas discovery in the Mediterranean Sea, offshore Egpyt.The discovery was made at the Bashrush well on the Eni-operated North El Hammad license, located eleven kilometers off the Egyptian coast…

Eni Confirms 'Significant Hydrocarbon Accumulation' Offshore Vietnam

Jul 27, 2020

Italian oil and gas company Eni announces an exploration well has confirmed 'a significant hydrocarbon accumulation' on the Ken Bau discovery offshore Vietnam, further expanding its potential.The exploration well Ken Bau-2X, located in Block 114…

Equinor Finds Gas and Condensate at Atlantis Well in North Sea

Jul 08, 2020

Norwegian oil and gas company Equinor has discovered gas and condensate in the exploration well 30/2-5 S Atlantis, in the North Sea, offshore Norway.The discovery was made about 17 kilometers south of the Kvitebjørn field in the North Sea and 160 kilometers northwest of Bergen…

Total Wins Woodmac's 'Most Admired Explorer' Award

Jul 06, 2020

French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s annual Exploration Survey.  Dr. Andrew Latham, Vice President, Global Exploration Research, at Wood Mackenzie…

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

Jul 03, 2020

Oil and gas firm Neptune Energy has struck hydrocarbons at its Dugong well in the Norwegian sector of the North Sea, just two weeks after the drilling started.'Upon entering the reservoir, logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring…

Eni Strikes Gas at Bashrush Well Offshore Egypt

Jul 01, 2020

Italian energy company Eni has made a gas discovery with the first exploration well in the North El Hammad license, waters of the Nile Delta, on the prospect called Bashrush.The new discovery is located in 22 meters of water depth, 11 km from…

CNOOC Makes 'Significant' Discovery Offshore China

Jun 29, 2020

Chinese oil and gas company CNOOC has said it has made a significant discovery of Huizhou 26-6 in the Eastern South China Sea.CNOOC on Monday said the discovery was expected to become the first mid-to-large sized condensate oil and gas field in the shallow water area of Pearl River Mouth Basin…

Conrad: Mako Discovery One of 'Largest Ever' in West Natuna Basin

May 26, 2020

Conrad Petroleum, the operator of the Duyung offshore block in Indonesia containing the Mako gas field, has said that an independent resource audit has shown that  Mako is one of the largest gas fields ever discovered in West Natuna Basin.Following the drilling campaign completed in late 2019…

Petrobras Makes Two Pre-Salt Oil Discoveries

May 12, 2020

Brazilian oil firm Petrobras has said it has made oil discoveries in the pre-salt areas of the Santos and Campos Basins offshore Brazil.Petrobras said Monday it had discovered oil of excellent quality in the southeast area of the Búzios field in the Santos Basin pre-salt…

Repsol-led Group Makes Deepwater Oil Discoveries Offshore Mexico

May 05, 2020

A consortium led by Spain's Repsol including Germany's Wintershall DEA and Thailand's PTTEP have discovered two deepwater oil fields in the Gulf of Mexico, the companies said on Monday.Mexican President Andres Manuel Lopez Obrador has slammed…

PTTEP: Two New Oil Finds Offshore Mexico

May 04, 2020

Thai energy company PTT Exploration and Production Pcl said on Monday its joint venture had made two deep-water oil discoveries in the Salina Basin, offshore Mexico.The Mexican subsidiary of PTTEP, Thailand's largest oil and gas producer, and…

OMV Strikes Oil and Gas Offshore New Zealand

Apr 14, 2020

Austrian energy firm OMV has said it has struck oil and gas in the Taranaki Basin offshore New Zealand.  OMV, as the operator of the Petroleum Exploration Permit (PEP) 60093, started drilling at the Toutoiwai-1 well in early March 2020.The oil…

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