Exploration

The agreement was made at the Russia-Africa summit in Sochi, Russia.

GlobalData identified Asia and Africa to be the second highest among the regions.

Aker BP has reported total income of US$723 (785) million and operating profit of US$196 (354) million for 3Q19.

The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.

The Etame field offshore Gabon was successfully drilled to a total depth of 10 260 ft and encountered both Gamba and Dentale oil sands.

The well in the UK Southern Gas Basin was targeting 220 billion ft3 of P50 gross resource, in an undrilled area 4 km east of the 500 billion ft3 Tolmount gas field.

ONGC's overseas explorer has recorded a gas discovery in Brazil's Sergipe Alagoas Basin and an oil discovery in Colombia's Llanos Basin.

The total number of registrants is a record for bids in the production sharing regime, surpassing the 16 qualified for the 4th Production Sharing Round, held last year.

A gross gas column of 44.5 m, with an estimated net pay thickness of 25 m, has been identified in the Dombey-1DW1 exploration well with an interpreted gas-water contact in the reservoir.

Based on preliminary estimation, the recoverable resources of the Shrek discovery are in the range of between 19 and 38 million boe, as confirmed by the Norwegian Oil Directorate (NPD).

Wintershall Dea will hold an interest of 20% in the blocks S-M-766 and C-M-845, alongside its partners Repsol and Chevron (operator).

Total will operate the C-M-541 block with a 40% interest, alongside Qatar Petroleum (40%) and Petronas (20%). The consortium plans to drill a first exploration well in 2021.

Trinity is an E&P company focused on Trinidad and Tobago.

The completed project totals over 8500 km of survey data.

The block in the Northern Carnarvon Basin covers 4815 km2 and lies approximately 100 km from the Australian coast.