Exploration

The company has been selected by Groupement Berkine to perform the seismic imaging of a high-density onshore data set over blocks B404a and B208 of the Berkine Basin in Eastern Algeria.

Hibiscus Petroleum Berhad has announced that its wholly-owned subsidiary, Hibiscus Oil & Gas Malaysia as the operator of the PM3 commercial arrangement area production sharing contract, has successfully completed the drilling of the Bunga Aster-1 exploration well.

The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.

88 Energy has announced further successful flow test results from the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

VAALCO Energy has announced that it has entered into a sales and purchase agreement to acquire Svenska Petroleum Exploration AB.

PETRONAS has been awarded production sharing contracts (PSCs) for six exploration blocks and one discovered resource opportunities (DRO) cluster marketed under the Malaysia Bid Round 2023 (MBR 2023).

The wells were drilled about 40 km south of Oseberg and 150 km west of Bergen. The drilling was conducted by the Deepsea Stavanger drilling rig.

The company has been awarded 13 exploration licences by the Norwegian Ministry of Energy in the 2023 Award in Predefined Areas (APA) – five licences as operator, and eight as partner.

Yokogawa Corp. of America and KBC (a Yokogawa Company) have announced the dates of their upcoming Users Conference, YNOW2024.

Harbour Energy has noted operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20%), offshore North Sumatra, Indonesia.

TotalEnergies and its partners, QatarEnergy and Petronas, have signed a production sharing contract for Block 64 with Staatsolie Maatschappij Suriname (Staatsolie), the state-owned oil company of Suriname.

The company has entered into an agreement to acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea.

The Ramform Sovereign is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 50 days.

The company has announced a gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.

The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that, for various reasons, have yet to be developed. Several of these discoveries could be produced in a manner that is profitable from a socio-economic perspective.