The latest oil and gas news from around the world.
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Falcon Oil & Gas hit above commercial IP60 flow rate of 3.0 MMcfpd at the SS-1H well in EP117.
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The company's preliminary calculations indicate that the size of the discovery is between 134.2 million and 314.3 million cubic feet of oil equivalent.
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Malaysia's upstream sector is poised for further growth in 2024, according to analysts at BMI, a Fitch Solutions company.
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The company announced that it has made a 'major' oilfield discovery in the Bohai Sea.
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ExxonMobil announced its first discovery in 2024 in Stabroek, solidifying the Guyana asset's position as a key area for the oil and gas giant as it disputes rival Chevron's bid to enter the block.