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Eni’s large Mediterranean discoveries put it into the regional industry’s focus. But more recently, it has made headlines because of a frenzy of activity; within days, it signed exploration concession deals in Bahrain, the UAE and Oman. Under Descalzi’s leadership, Eni has expanded in the region, including its recent acquisition of a 20% equity interest […]

Total CEO Patrick Pouyanné has opened new possibilities for the French supergiant; it signed an unconventional gas exploration concession agreement with ADNOC for the Diyab play. It has also played into NOCs’ push into the downstream segment, including working with Saudi Aramco on the $5bn Jubail petrochemical complex.

ExxonMobil has focused on unconventionals in North America, a fruitful strategy, as the company added 4.5bn barrels of proved oil and gas reserves in 2018, replacing 313% of the year’s production. Woods’ promise to boost exploration has yielded strong results, including the discovery of 5tcf to 8tcf gas in the Eastern Mediterranean.

In his second year leading Algerian oil and gas company Sonatrach, Abdelmoumen Ould Kaddour has continued to stray from the norm and has aggressively pursued collaboration efforts with some of the world’s largest energy firms. The company has signed agreements with Eni and Total for offshore exploration, and in October 2018 agreed with Total to […]

Occidental won an onshore concession in ADNOC’s first international exploration licensing round, and is expected to invest $244mn towards the project. Vicki Hollub also inked two exploration deals with Oman Oil Company worth a combined $65mn followed by a $59mn EPSA with the Ministry of Oil and Gas.

During his first year as the CEO of Inpex, Takayuki Ueda led the company’s expansion in Abu Dhabi, where it acquired a 10% stake in the Lower Zakum concession and was later appointed its operator. The ink has not yet dried on an agreement awarding Inpex subsidiary JODCO Exploration Abu Dhabi’s Onshore Block 4 as […]

Egypt is abuzz with activity, and it’s not just natural gas making headlines. EGPC is offering one of three planned international oil and gas exploration rounds in 2019, for the Western and Eastern Deserts and the Gulf of Suez. This is part of an ambitious plan to attract investors and grow domestic production.