Norwegian oil and gas company Equinor has made an oil and gas discovery at its Egyptian Vulture offshore well in the Norwegian Sea, off Norway.Equinor's partner Longboat Energy said the exploration well 6407/1-9 in the Norwegian Sea encountered…
Subsea 7 has confirmed the award of a major contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. Subsea 7 defines a major contract as being one where Subsea 7’s share of revenue is over USD 750 million…
Norwegian oil and gas company Vår Energi has made a smaller than expected discovery at the Rødhette exploration well in the North Sea, off Norway.Vår Energi's partner Longboat said Monday that the well formally named 7122/6-3 S had encountered…
U.S. oil major ExxonMobil has made yet another oil discovery in its prolific Stabroek Block, offshore Guyana, and has now increased its estimate of the discovered recoverable resource for the block to approximately 10 billion oil-equivalent barrels…
Ivory Coast President Alassane Ouattara and Eni CEO Claudio Descalzi met Friday to discuss the progress of Eni's activities in the country, following the giant offshore oil discovery of Baleine 1-X. As previously reported, Eni in September announced the major oil discovery in block CI-101…
Chinese oil company CNOOC said Thursday it had made a 'large-sized' discovery at Kenli 10-2 site in Bohai Bay, offshore China.The Kenli 10-2 oilfield is located in Laizhou Bay Sag in Southern Bohai Bay, with an average water depth of about 15…
U.S. oil firm ExxonMobil has made another oil discovery offshore Guyana, this time at Pinktail prospect in the prolific Stabroek Block.The Pinktail well, ExxonMobil said, encountered 220 feet (67 meters) of net pay in high-quality hydrocarbon…
Oil and gas firm Wintershall Dea has completed the drilling of an appraisal well on the Bergknapp oil discovery in the Norwegian Sea.Wintershall Dea made the Bergknam discovery in April 2020, using Saipem's Scarabeo 8 offshore drilling rig.The…
Energy intelligence firm Wood Mackenzie has shared that Ithaca Energy has made an oil discovery at Fotla prospect in the UK North Sea, labeling it 'a ray of light' in what’s been a tough year for UK exploration activity, with 2021 on track for the fewest number of completed wells since the 1960s…
Italian oil company Eni on Wednesday announced a major oil discovery in block CI-101 offshore Ivory Coast.'The potential of the discovery can be preliminarily estimated at between 1.5 and 2.0 billion barrels of oil in place and between 1.8 and 2…
UK-based oil and gas company Spirit Energy has said it has discovered more gas at its Grove field in the UK North Sea, close to the UK–Netherlands median line.The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth…
Oil and gas firm BW Energy has made an oil find in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block, offshore Gabon, but the size estimate will have to wait until the drilling has been completed.The well is located approximately…
Norwegian oil and gas company Aker BP has made a minor gas discovery in the Barents Sea offshore Norway, which is currently seen as not big enough to warrant development.According to the Norwegian Petroleum Directorate, the oil firm has concluded the drilling of wildcat well 7234/6-1…
Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years…
Italian oil giant Eni said Tuesday it had made a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana.The Eban - 1X well is the second well drilled in CTP Block 4, following the Akoma discovery. Preliminary…
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