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APA Corp. Strikes Oil Offshore Suriname at Baja-1 Well; Dry Hole at Block 58
APA Corp. announced an oil discovery offshore Suriname at Baja-1 in Block 53 and provided an update on recent drilling operations at Dikkop-1 in Block 58. Baja-1 was…
Exxon Makes Dual Discoveries at Liza, Payara Prospects Offshore Guyana
ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block. The discoveries at Seabob and Kiru-Kiru are…
Petrobras Makes Oily Discovery at Campos Basin Wildcat Well
Petrobras reported that it has discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin in a wildcat well in the Alto…
APA Corp. Strikes Oil at Krabdagu-1 Exploration Well Offshore Suriname
APA Corp. announced an oil discovery at the Krabdagu-1 (KBD-1) exploration well. KBD-1 is located on Block 58 offshore Suriname, approximately 18 kilometers southeast of the Sapakara South-1…
Kosmos Strikes Oil at Winterfell Appraisal Well; 100 MMBO Gross Estimate
Kosmos Energy reported the completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The…
Europe News
Halliburton First Quarter 2022 Results; Revenue by Region, Call Highlights
Halliburton Co. reported its first quarter 2022 results. Quarterly Revenue by Region U.S. revenue was up $100 million from the previous quarter, while International dipped by $100 million.…
TotalEnergies Will Make No New Investments in Russia
TotalEnergies will be making no new investments in Russia due to the country's invasion of Ukraine, but fell short of cancelling existing agreements and projects in the region.…
Equinor to Exit Russian JVs, Halt New Investments in Country
Equinor's Board of Directors has decided to stop new investments into Russia, and to start the process of exiting Equinor’s Russian Joint Ventures. Anders Opedal, President and CEO…
Citing Ukraine Invasion, BP to Dump 19.75% Stake in Rosneft, Exit Board
The BP board has announced that BP will exit its shareholding in Rosneft. BP has held a 19.75% shareholding in Rosneft since 2013. Additionally, BP chief executive officer…
Exxon Partners for Carbon Capture Project in Scotland
ExxonMobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project (CCS) in Scotland. The project plans to capture and…