Exploration & Production
Half year discoveries lowest this century, says Rystad Enegry
Rystad Energy has revealed that, in the first half of 2020, the global discovery of conventional resource volumes reached only 4.9 billion barrels of oil equivalent (boe) – the weakest performing first half of the 21st century
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Egypt asset exceeds our pre-drill expectations, says UOG’s CEO
Brian Larkin, CEO of United Oil & Gas (UOG), said the result of the El Salmiyah-5 well on the Abu Sennan concession in Egypt has significantly exceeded the company’s pre-drill expectations
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TransGlobe Energy reports Q1 net loss of US$55.2mn.
Oil and gas company TransGlobe Energy has reported Q1 net loss of US$55.2mn (US$0.76 per share)
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Sonatrach signs MOU with Russia’s Lukoil
Algeria’s Sonatrach and Russian company Lukoil have signed a memorandum of understanding (MoU)
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Lebanon’s first offshore well fails
Total’s well offshore Lebanon has not been able to find a reservoir in the Tamar formation, which was the target of this exploration well
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More Articles ...
- Global E&P revenues to fall by US$1 trillion in 2020: Rystad Energy
- ‘New licensed offshore acreage is likely to fall by about 60 per cent’
- ‘Investors unlikely to commit exploration budget to licensing rounds in near term’
- SDX Energy finds new gas onshore Morocco
- US$20 trillion to be spent on natural gas E&P over next 20 years: Xodus Group
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