Discovery News

 

Equinor Finds New Oil Near North Sea Fram Field

Jan 07, 2022

Equinor and partner Wellesley report discovering oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect. Preliminary calculations of the expected size indicate between 3.3 and 5.2 million standard cubic meters of recoverable oil equivalent, or around 21–33 million barrels of recoverable oil equivalent.“Our exploration activity is central for our ambitions at the Norwegian continental shelf…

MOL Finds Oil and Gas Off Norway

Mar 18, 2020

MOL Norge, a subsidiary of Hungary's MOL, has discovered oil and gas in its production license 820s, at Evra and Iving prospect in the North Sea, offshore Norway.The company said Wednesday it was in the process of completing the drilling of exploration well 25/8-19 S and sidetrack 25/8-19 A…

Offshore Accounts for 60% of Oil Discoveries

Feb 16, 2020

Offshore discoveries accounted for more than 60% of global discoveries in 2019, up significantly on previous years, according to a study by GlobalData.GlobalData report reveals that while Colombia and Norway saw the highest number of discoveries drilled in 2019…

PGNiG Norway Contracts APT

Feb 06, 2020

Norwegean geological services company Applied Petroleum Technology (APT) said that PGNiG Upstream Norway AS (PGNiG) has appointed it to conduct post-drilling analyses of its recent Shrek discovery in the Norwegian Sea.Under the agreement, Applied…

Kosmos Strikes Oil Off Equatorial Guinea

Nov 03, 2019

American upstream oil company founded and based in Dallas Kosmos Energy made an offshore oil discovery in Equatorial Guinea, Reuters reported quoting the Ministry of Mines and Hydrocarbons.The S-5 well was drilled at a total depth of 4,400 meters…

Yakaar-2 Offshore Well Confirms Gas Resource

Sep 24, 2019

American upstream oil company Kosmos Energy reported that the Yakaar-2 appraisal well offshore Senegal has confirmed a world-scale natural gas resource in the BP-ledYakaar-Teranga gas project.The Yakaar-2 appraisal well was drilled in approximately 2…

Aker BP Discovers Oil at Frosk

Jul 02, 2019

Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A.According to a press note from the Norwegian Petroleum Directorate (NPD), the wells…

ExxonMobil Makes 13th Discovery Offshore Guyana

Apr 19, 2019

American multinational oil and gas corporation ExxonMobil said it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block.The discovery adds to the previously announced estimated recoverable resource of approximately 5…

Oil & Gas Discoveries on the Rise in 2029

Apr 09, 2019

Oil and gas exploration is off to a flying start in 2019, with majors taking a bigger bite of the conventional resources discovered in the first quarter, according to Rystad Energy.Global discoveries of conventional resources in the first quarter reached a robust 3…

Cyprus Offshore Gas Discovery: Conflict or Hope?

Mar 03, 2019

Oil giant ExxonMobil, together with partner Qatar Petroleum (QP), made giant gas discovery to the east Mediterranean region after finding a gas-bearing reservoir offshore Cyprus and estimated in-place gas resources in the reservoir at 5 to 8 trillion cubic feet (tcf) of gas…

ExxonMobil Finds Natural Gas Off Cyprus

Feb 28, 2019

U.S. oil and gas major Exxon Mobil Corp said on Thursday it had found natural gas offshore Cyprus, a region already known for some of the world's largest such discoveries.The east Mediterranean island is located in the Levant basin, where both…

Current News

UAE Interested in Turkish Energy Investments

UAE Interested in Turkish Energy Investments

Norway's Hammerfest LNG Plant Resumes Operation After 20-month Outage

Norway's Hammerfest LNG Plant Resumes Operation After 20-month Outage

UK North Sea Oil Producers See Shares Drop after Windfall Tax News

UK North Sea Oil Producers See Shares Drop after Windfall Tax News

Trident Energy Wraps Subsea Work in Brazil to Boost Pampo Field Output

Trident Energy Wraps Subsea Work in Brazil to Boost Pampo Field Output

Subscribe for OE Digital E‑News

Offshore Engineer Magazine