The 25-year licences included ones for the Mitikyakhsky 1 and West Kharampursky blocks, for which Rosneft will pay about USD 22.7 million. Mitikyakhsky 1 holds an estimated 90 bcm (3.18 tcf) of gas and 700 million boe of oil and condensate, while the second field has not seen significant exploration works, Upstream Online reported.
A licence also went to Gazprom for the Sopochny block, for which the company will pay around USD 200 million. The block has estimated reserves of 261 bcm (9.21 tcf) of gas and about 370 million boe of oil and condensates.
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
SLB OneSubsea and Subsea7 have signed a long-term strategic collaboration agreement with Equinor and begun work on two of its… Read More
Presight has acquired a 51% shareholding in AIQ, an energy-focused AI player founded by ADNOC and G42, the companies announced… Read More
UK engineering contractor Wood has been awarded a decarbonisation project by TotalEnergies to support flare gas recovery in the North… Read More
This website uses cookies.