All articles tagged with #offshore exploration
BP announced a significant hydrocarbon discovery at the Bumerangue exploration well in the Santos Basin offshore Brazil, marking BP's largest discovery in 25 years, with plans for further analysis and appraisal activities.
French energy group TotalEnergies announced that a drilling rig has arrived in Lebanon to begin offshore oil and gas exploration later this month. This follows a U.S.-brokered agreement that established a maritime border between Lebanese and Israeli waters. Lebanon hopes that gas and oil discoveries will help alleviate its severe economic crisis. TotalEnergies leads a consortium, including ENI and QatarEnergy, in the offshore project. The drilling of the exploration well in Block 9 is expected to start by the end of August, with potential positive results by the end of the year.