Exploration news

These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.

The Edvard Grieg field celebrates ten years of production and introduces a new area name: Eiga.

Further to an ongoing discussion of global exploration opportunities between TotalEnergies and Chevron, TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum Limited, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.

Under the contract, Wood will manage engineering, procurement and construction projects.

TotalEnergies (40%, operator) and its partners QatarEnergy (35%) and Petronas (25%) have signed a production sharing contract for Block S4 with Guyana’s Ministry of National Resources represented by His Excellency Vickram Bharrat, following the block’s 2023 award in the Guyana 2022 Licensing Round.

bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil.

WellSense, a specialist in fibre optic well diagnostics, has developed a single-use, jet-propelled and battery powered well conveyance technology, which is able to rapidly deploy bare fibre into highly deviated wells.

US sanctions Russian oil majors over Ukraine, reports Reuters.

The insights generated will provide explorers with a competitive advantage by better informing their licensing and investment decisions.

The drill rig is already at the well site, and drilling is expected to start immediately, with an estimated duration of five months.