Romania – will there finally be a new bid round?
Romania used to be Europe’s stronghold when it comes to oil production. But it’s not anymore today. That’s not because the country has run out of oil or gas; it…
Oil & Gas
Petronas ambitious 2025 drilling campaign offshore Suriname
Petronas has reinforced its position in Suriname’s prolific offshore Block 52 with a series of successful discoveries since 2020 – Sloanea-1, Roystonea-1, and Fusaea-1-along the Upper Cretaceous Golden Lane trend.…
At the start of the next super-cycle or halfway to rock-bottom?
Apart from Norway, the UK Continental Shelf saw the highest number of seismic surveys acquired when looking at a global overview over the past ten years. Is that something to…
Investing in Kazakhstan and Uzbekistan
Condor Energies (“Condor”) is a Canadian, Calgary-based, publicly listed (Toronto Stock Exchange) energy transition company focused on Central Asia. The company has distinguished itself by building significant operations in KazakhstanKazakhstan…
Recent study points at North Sea being the highest global emitter of methane from abandoned wells – but is that true?
In a study recently published in National Science Review (NSR), the North Sea appears to be the basin that is home to the largest emitters of methane from abandoned oil and gas…
Why traffic light play maps are useless
When exploring a new area, it is common for E&P companies to produce traffic light maps, with red areas being the ones where one of the key play elements is…
Steadily, Saudi Arabia keeps finding more hydrocarbons
Volumes weren’t mentioned in the press release that was issued early April, but the tone was clear nonetheless; Aramco is determined to find new volumes of oil and gas, and…
Back on the shelf
As TotalEnergies is moving ahead developing its deep-water discoveries in Block 58 in Suriname waters, there is a drive to discover more resources nearby. And rather than focusing on deep…
“Almost every foot of rock has oil in it”
For those people who don’t work in the US onshore oil sector, names such as the Permian and the Appalachian may still sound familiar, as it is these basins that…
Intense exploration and appraisal in the Norwegian Barents Sea
The Norwegian Barents Sea has been the venue for a continuous campaign of exploration and appraisal over the past year. As shown in Figure 1, to date, there have been…
Making small pools work
Despite there still being major uncertainties for operators on the UK Continental Shelf, as Niall McLean from Brodies Solicitors clearly explained in his talk about the Finch ruling, when talking…
Business can only get better
In anticipation of the tax changes announced by the UK government in October 2024, corporate merger and acquisition activity accelerated in 2024 and into 2025. These deals involved companies looking…