Exploration news

The seismic programme in Namibia's Kavango Sedimentary Basin, to be carried out by Polaris Geophysical, is expected to commence in the third week of July for an anticipated 6 – 8 week duration.

TotalEnergies will operate Blocks 6 and 8 offshore Suriname, with Qatar Petroleum and national company Staatsolie also holding interests.

The three 3D seismic surveys were acquired from Polarcus.

Norske Shell, Equinor, Idemitsu Petroleum Norway, INEOS E&P Norway, Lundin, OMV (Norway) and Vår Energi have been offered stakes in four production licences.

According to the new analysis commissioned by the Ministry, approximately 90% of South Sudan’s oil and gas reserves remain unexplored.

CGG has been awarded a subsurface imaging contract in the Barents Sea by Lundin Energy Norway.

The programme includes approximately 6175 km2 of reprocessed 3D seismic data from the mature, hydrocarbon-producing areas of South Timbalier, Grand Isle and Ewing Bank.

The latest preliminary estimates from the King and Prince exploration wells show volumes between 60-135 million barrels of recoverable oil equivalents.

The MoU defines the framework for further cooperation in the processing and interpretation of seismic data owned by the Republic of Indonesia by using Eni’s technologies and facilities, including the Green Data Centre supercomputers in Ferrera Erbognone, Italy, as well as seismic imaging algorithms.

The contract provides that the drilling rig can be on location in the Etame Marin block as early as December of this year.