
Westwood: Discoveries at lowest level outside of Russia for more than a decade
The company found that outside Russia, discoveries in 2021 were at the lowest level (3.4bnboe) since at least 2008.
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The company found that outside Russia, discoveries in 2021 were at the lowest level (3.4bnboe) since at least 2008.

The company has entered into a share purchase agreement with OMV Exploration and Production GmbH to acquire 100% of the outstanding share capital of OMV (Yemen Block S 2) Exploration GmbH, OMV Jardan Block 3 Upstream GmbH and OMV Block 70 Upstream GmbH.

This survey, covering 11 425 km2, will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the basin.

Rudranil Roy Sharma, Director, Energy & Environment Practice, Frost & Sullivan writes an overview of the current Oil & Gas sector in the MENA Region.

The partnership will provide training and competence management solutions for Mozambique’s domestic onshore and offshore developments.

The discovery is located in the shallow waters of Balingian Province about 150 kilometres from Bintulu, off the coast of Sarawak, offshore Malaysia.

Calypso is Neptune Energy’s third discovery in six months on the Norwegian Continental Shelf.

In the past six years, CGG has successfully delivered land, marine, transition zone, OBC and high-density OBN seismic imaging results at the BSP centre.

The company and its licence partners have announced that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea, located within the Neptune-operated PL938 Licence.

Tannat 3D PSDM Repro consists of 25 000 sq km covering blocks in the active Uruguay licensing round.

The wells were drilled about 10 kilometres northwest of the Oseberg field in the North Sea and 150 kilometres northwest of Bergen.

Eni has been working with the ‘Ionic Liquids Group’ at the University of Pisa for several years to develop innovative solutions in areas including the extraction of bio-oil from algal mass, the treatment of sulphur, and advanced algorithms for subsurface analysis.