The latest oil and gas news from around the world.
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'The success of this well solidifies Gran Tierra's understanding of the field area and will be a key pillar of development growth plans in South America for years to come'.
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NewMed Energy signed an agreement to buy a 50 percent stake in the Han Asparuh block, located on Bulgaria's side of the Black Sea, from OMV Petrom.
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The new nine-year licenses allow Eni to grow a footprint that already includes the two biggest hydrocarbon discoveries in the Western African country.
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'We plan to deliver 50-70 increased recovery wells and 20-30 exploration wells annually going forward'.
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Equinor put the size of the discovery between 13 MMboe and 28 MMboe, just over half of which is gas.