Mexico’s energy ministry has approved a 60-day extension for talks between state oil company Pemex and a private consortium led by U.S.-based Talos Energy Inc. over the future of a massive shared crude deposit, Talos CEO Tim Duncan told Reuters on Dec. 22.
Brazil’s state-controlled oil producer Petroleo Brasileiro SA confirmed the presence of high quality oil on Dec. 22 after drilling a new well at Buzios, the country’s second-most productive field.
ConocoPhillips made an oil discovery in the Norwegian Sea north of the Heidrun field, the country's Petroleum Directorate (NPD) said on Dec. 22.
PetroChina, Asia’s largest producer of oil and gas, has struck a large natural gas discovery in northwest China's Xinjiang region with an initial estimated reserve exceeding 100 billion cubic meters, China’s state news agency Xinhua reported over the weekend.
Jordan's majority state-owned National Petroleum Co. has discovered "promising" new quantities of natural gas in the Risha gas field along its eastern border with Iraq, the energy minister said on Dec. 13.
The discovery will drive Petronas to continue exploring in Suriname, which is one of its focus basins, said Emeliana Rice-Oxley, vice president of exploration, upstream.
The Tanager-1 well in the Kaieteur Block offshore Guyana discovered hydrocarbons but it does not appear to be financially viable on its own, a spokesman for the company said Nov. 17.