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Results:1 - 10 of 1076 Exploration and production,

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  • MOL has discovered significant gas and condensate reserves in the TAL block in Pakistan.The Mamikhel South-1 exploration well reached a total depth of 4,939 metres and flowed gas and condensate at a rate of 6,516 boe/d (16.12mn cf//d and 3,240 b/d respectively). Further testing o...

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  • Equinor (operator, 49.3%) has awarded Aibel a portfolio agreement for the Oseberg fields for the period 2020–2026, with a view to ensuring a holistic approach to planning and execution of projects at the Oseberg fields. ‘There will be an increased level of project activity at the Oseberg fields...

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  • The coronavirus pandemic could spoil Angola’s plans to rebuild its declining oil production, claims Rystad Energy.Angola’s oil output averaged 1.38mn b/d last year and was forecast to reach 1.4mn b/d in 2020. Despite its robust level, the country has long realised that its existing production is on ...

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  • Neptune Energy and its partners have announced the discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea. A contingent side-track may be drilled to further define the extent of the discovery.Dugong is located at a water depth of ...

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  • Eni (operator) and partners BP and Total made a gas discovery in the North El Hammad licence, on Bashrush prospect in the Nile Delta, offshore Egypt.The discovery ‘demonstrates the significant gas and condensate potential of the Messinian formations in this sector of the Egyptian offshore shallow wa...

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  • Global discoveries of conventional resource volumes reached just 4.9bn boe in the first half of 2020, Rystad Energy estimates, the weakest-performing first half of the 21st century. The resource volumes were 42% lower and the number of discoveries was down by 31% compared to the same period in 2019....

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  • Neptune Energy has announced a major milestone for the Touat gas facility in Algeria, with operatorship having been formally passed to Groupement Touat Gaz (GTG).Day-to-day operation of the facility had been carried out by contracting company Técnicas Reunidas (TR) since gas export began in Septembe...

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  • Argentina’s government has unveiled a new plan for subsidising oil and gas production in face of the current COVID-19 sector’s crisis, which has resulted in lower oil refining inputs and placed additional pressure on the sustainability of the country’s natural gas supply.According to Adrian Lara, Se...

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  • Iraq produced more than 650,000 b/d above its target output level in May 2020 and is now being asked to make up for its non-compliance in future months. Rystad Energy estimates Iraq’s actual ability to cut more barrels is limited to between 300,000–500,000 b/d. Achieving any output target below 4mn ...

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  • Eight fields on the Norwegian Continental Shelf (NCS) currently receive power from the onshore Norwegian power grid, with a further eight planned, cutting some 3.2mn t/y of  CO2 emissions, according to a new report from the Norwegian Petroleum Directorate (NPD, prepared in collaboration wi...

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