The latest oil and gas news from around the world.
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QatarEnergy and ExxonMobil signed a 'commercial discovery declaration' with the Cypriot government for two discoveries in Block 10 in the Mediterranean Sea.
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Malaysia's national oil and gas company said it has now drilled eight successful wells with combined recoverable resources of over one billion barrels of oil equivalent in the South American country.
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Preliminary calculations for the gas and condensate discovery indicate recoverable resources of 21-107 million barrels of oil equivalent.
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Repsol signed a new deal with Venezuela's Hydrocarbons Ministry and state-owned PdVSA 'to assess the potential development' of a new area southeast of Lake Maracaibo and near the Spanish company's existing portfolio in the South American country.
