A major new discovery by Eni and BP that can likely be fast-tracked to production is welcome news for Egypt as it scrambles to plug a widening supply gap and deal with rising import risks
E&Ps are increasingly looking to the Vaca Muerta as regulatory certainty, high oil prices, growth opportunities and imminent midstream additions boost the investment landscape
Chevron’s agreement to boost output is a positive sign, but there is much more work to do for a national recovery
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya
Turkmenistan is moving ahead with a modest expansion of the giant Galkynysh field to sustain gas deliveries abroad, but persistent delays to other key pipeline projects and geopolitical risks continue to constrain its export ambitions
Offshore operators are working through an FID backlog as the rig market consolidates, helped by improving project economics and a renewed security drive
The government is taking important steps to revive domestic production, lift investment and benefit from the geopolitical crisis even if more needs to be done in the longer term
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
Canadian independent’s evolving portfolio in Trinidad and Tobago gives it access to the Atlantic LNG market and a close-up view of developments in neighbouring Venezuela
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
The country’s upstream players have demonstrated resilience to low oil prices and are well positioned to prosper despite a volatile market
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
The country has opened bidding on 50 blocks in a new licensing round but will face competition for attention and will need to address concerns about security and legislation
CEO Lorenzo Simonelli demands world must ‘rewrite the energy equation together’ amid relentless demand growth, the desire to improve affordability and accessibility, and to lower emissions without hurting supply
