Surrounded by hydrocarbons
Only three years after Independence, East Timor is now ready to announce the first licensing round. With multiple oil and gas seeps onshore, several discoveries and four fields producing both…
North America
Canada – significant production and huge potential
Canada’s hydrocarbon resources are both plentiful and varied. In addition to conventional resources of light to medium crude oil and gas that have been tapped for more than 150 years,…
More giants to be found
Two fields are currently being developed, significant amounts of oil and gas have already been found, and geological studies indicate that this is a promising exploration frontier, possibly making the…
Hiking through the Palaeozoic
For a geoscientist, hiking the Grand Canyon is a trip through two billion years of the past, making on average an impressive 60,000 years back in time for every step.…
When Will We See Confidence in Asian M&A Activity?
So far, the increase in oil price has not brought back the level of confidence to M&A activity that was expected, which is very apparent when looking at exploration opportunities…
Undiscovered Hydrocarbon Potential in Sumatra
Exploring in Sumatra for oil and gas in naturally fractured and weathered basement reservoirs. Sumatra, Indonesia is the sixth largest island in the world covering an area of 445,000 sq…
Brazil Offering Deepwater Blocks in 17th Offshore Licensing Round
Late in 2020 Brazil announced details of its 17th Licensing Round in which 92 blocks in the offshore Campos, Pelotas, Potiguar and Santos Basins, covering a total of 53,900 km2,…
Serinus Falters in Northeast Pannonian
Serinus Energy, have reported a gas discovery at Sancrai-1 on the EIV-5 Satu Mare Block in Romania, but further testing of the well did not deliver expected results. Serinus Energy,…
Egyptian Vulture: Longboat Energy Circling Success in the Norwegian Sector
Longboat Energy, the emerging full-cycle North Sea E&P company has announced a material discovery at the Egyptian Vulture exploration well in PL 939, encountering light oil in the primary target…
Oil Discovery Offshore Guyana
ExxonMobil and partners Hess and CNOOC made another oil discovery offshore Guyana; encountering 36.7m of oil in Cretaceous sandstones in the Uaru-2 wildcat well on the prolific Stabroek Block. Map…
Regional Update: The Caspian Sea
A regional update on the resource and political situation in the Caspian Sea. The Caspian Sea is shared between Iran, and the four former Soviet republics of Azerbaijan, Kazakhstan, Russia…
Rebound in Africa?
Encouragement that we may see a modest rebound in Africa as we go into the final quarter of 2021 with Egypt and Angola leading the charge in M&A activity. The…