The company produced 124,418 barrels of oil equivalent per day
Exploration
Posted inExploration
OFS companies prepare as price war could cut $250 billion off E&P budgets
Rystad Energy says that the total capital and operation expenditure of upstream companies could be cut by $100 billion in 2020 and another $150 billion in 2021
Posted inExploration
SDX Energy makes commercial gas find onshore Morocco
It said that its total reserves would now accommodate three to four years of customer demand
Posted inExploration
Lebanon’s offshore oil exploration to begin on Thursday –official
The consortium, which includes Italy’s Eni and Russia’s Novatek, obtained its licence in February 2018.Exploration was due to start mid-January.
Posted inExploration
Why is an E&P recovery slow to materialize?
Glenn Sniezek asks why the E&P industry is not following the US economy’s growth
Posted inExploration
ENI reportedly starts drilling Oman’s first deepwater well
The block is spread across 90,000 sqkm with a wide range of depths
Posted inExploration
Egypt’s offshore segment poised for growth
After Egypt’s Red Sea exploration bidding round, the country’s offshore segment is ready to boom
Posted inExploration
Wintershall Dea signs concession agreement for East Damanhour exploration
During a first exploration phase of three years, starting in 2020, Wintershall Dea is planning to drill several exploration wells
Posted inExploration
UAE gas find will boost energy self-sufficiency, but imports still needed: Rystad
The estimated 80 trillion cubic feet of gas is more than enough to enable the UAE to become energy independent by 2030
Posted inExploration
UAE makes 80trillion scf gas discovery in Abu Dhabi and Dubai
This is the first time ADNOC has explored for hydrocarbon resources in Dubai, with 10 exploration and appraisal wells