Booming Guyana Sets Offshore Oil Auction Under Revamped Fiscal Terms

Exxon Mobil Corp., Hess Corp. and CNOOC Ltd. discovered 11 Bbbl of recoverable oil offshore Guyana.

Hess Reports Two More Finds Offshore Guyana

Stabroek Block partners have recorded 30 major discoveries in the block, have two developments onstream and a third slated for startup in about a year.

China's Sinopec Taps Large Shale Gas Reserve in Sichuan Exploration Well

Sinopec's discovery aligns with Chinese President Xi Jinping's call to boost domestic energy supply.

New Discovery Boosts Tieback Potential Near Gjøa in Norwegian North Sea

Neptune and its partners will consider developing the 35/6-3 S Ofelia well as a tieback to the Gjøa platform, located in the Norwegian North Sea, after a recent discovery.

APA Corp. Reveals Mixed Bag of Exploration Results Offshore Suriname

APA Corp. reported a mixed bag of results from two exploration wells offshore Suriname where the Houston-based company and its foreign partners are looking to replicate the success seen across the maritime border in Guyana.

Eni, TotalEnergies Make Significant Gas Discovery Offshore Cyprus

Operated by Eni, the Cronos-1 well encountered an important gas column in a carbonate reservoir sequence of properties ranging from fair to excellent, according to a company press release.

Analyst: Chinese Liquids Production to Decline Within a Decade

Much of Chinese production comes from mature fields, where infill drilling is the name of the game to keep output flat.

Ecopetrol, Petrobras Report Deepwater Gas Find Offshore Colombia

The deepwater gas discovery reported by Ecopetrol and Petrobras offshore Colombia confirms the importance of the Caribbean region and increases the possibility for developing a new E&P frontier off northern South America.

Exxon Mobil, Hess Accelerate Stabroek Development with Two New Discoveries

Partners Exxon Mobil and Hess reported two new discoveries offshore Guyana at the Seabob-1 and Kiru-Kiru-1 wells, adding to the discovered recoverable resource estimate for the prolific Stabroek Block.

Eni, Sonatrach Unveil Several Discoveries in Algeria Desert

Eni said the Rhourde Oulad Djemaa Ouest-1 discovery is part of the new exploration campaign which will include the drilling of five wells in the Berkine North onshore basin in Algera.