Exploration news

bp has announced that it has been awarded the NCMA 2 block offshore Trinidad as part of the Shallow Water 2023/24 bid round that closed in May 2024.

This agreement builds on the successful joint venture in Kazakhstan, where MOL, KMG and Sinopec from China have been producing gas and gas condensate at the Rozhkovskoye field.

ExxonMobil Exploration & Production Suriname B.V. has formally notified Suriname’s national energy company, Staatsolie, that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.

The acquisition increases LandBridge holdings to roughly 272 000 surface acres.

The achievement is expected to contribute significantly to Pakistan's energy security.

Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.

Equinor has announces that it has struck oil and gas near the Fram field in the North Sea. The discovery is estimated at between 13 and 28 million boe.

TotalEnergies has announced that the company is enhancing its monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated upstream sites.

Plexus said the order will generate US$1 million in revenue and pave the way for further opportunities in the region.

The US Energy Information Administration has reported that US production of associated natural gas increased 7.9% in 2023 compared with 2022, according to data from Enverus Drillinginfo.