The probability of large discoveries is greatest in the Barents Sea
A recent report indicates that the probability of discovering significant oil and gas resources in the Barents Sea is the highest in Norwegian waters, where 54% of the resources remain underexplored.
The oil of the Malvinas keeps the interventionists' ambition alive
The article discusses the strategic significance of the Falkland Islands due to their natural resources and potential oil discoveries, amid ongoing geopolitical tensions.
Egypt announces new oil discoveries in the Western Desert
Egypt has announced significant new oil and gas discoveries in the Western Desert, adding 34 million cubic feet of gas and 5,200 barrels of crude oil production daily.
Shell needs big discovery or deals as oil, gas reserves dwindle
Shell faces a potential production shortfall by 2035 due to dwindling oil and gas reserves, prompting the need for new discoveries or acquisitions.
Kuwait intends to invite global companies to develop oil and gas discoveries
Kuwait plans to invite international oil companies to assist in developing newly announced offshore oil and gas discoveries, as stated by Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah during a conference.