The semi-submersible rig Mærsk Developer will used for a one-well exploration campaign in Block 52 offshore Suriname.
As Total and CNOOC develop billions of barrels of proven oil reserves near Lake Albert, the Ugandan government is committed to attracting more investment into the development of its hydrocarbons potential through the Second Licensing Round.
The regulation covers matters such as the extension of the productive life of mature fields and the exploration of marginal and onshore fields along with investments in deep and ultra deepwater acreages.
The plan released by the Interior Department’s Bureau of Land Management revokes an Obama-era management system for a huge swathe of federal land on the western North Slope, the National Petroleum Reserve in Alaska.
Exploratory drilling has begun at the Shirotno-Rakushechnaya prospect structure, located to the north of the V.I. Grayfer field in the North Caspian Sea.
Spirit Energy has received permission to drill a wildcat well in production licence 780, about 5 km north of the Ivar Aasen field in the central part of the North Sea.
The agreement between the two companies includes the reprocessing and imaging of over 5000 miles2 of multi-client seismic data.
The announcement comes a day after Petrolia, a partner in the programme along with Concedo and Idemitsu Petroleum, had said that drilling would start by 19 June.
The well is located to the west of the Snorre field in the Northern North Sea, in a block operated by Neptune Energy.
The Australian Petroleum Production and Exploration Association has said the legislation passed on Tuesday this week was a step in the right direction to help ensure that Victoria has ongoing secure supplies of natural gas.
The project is in support of the country's ongoing licence round, expected to close in the first half of 2021.
The company has said that is expecting the potential award of a marginal field to happen within 6 months of submitting a bid.