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Exploration

Majors are re-evaluating their approaches for frontier exploration. (Image source: Rystad Energy)

Rystad Energy has observed that as oil majors such as ExxonMobil, Shell, Chevron, BP, TotalEnergies and Eni continue limiting exploration expenses, they will keep a keen eye on frontier exploration for a productive year 

The ROCS significantly cuts costs and reduces deck space time. (Image source: Optime Subsea)

The 1,060-m Bonga Field offshore Nigeria underwent a well completion operation with Norwegian supplier Optime Subsea's remotely operated controls system (ROCS) that was deployed on the Shell Nigeria Exploration and Production Company (SNEPCo)-operated site 

The Q4000 will stay in Nigeria until 2025. (Image source: Helix Energy Solutions)

Helix Energy Solutions Group has been awarded a deepwater well intervention contract by Esso Exploration and Production Nigeria (Esso) 

Africa is the sole region that witnessed continued rise in high impact drilling in 2023, with the completion of 13 high impact wells. (Image source: Adobe Stock)

Finding a decline in global high impact well count to just 64 wells in 2023, Westwood Global Energy Group has observed that it is the lowest number the research body has ever recorded 

The NNPC and TotalEnergies joint venture has achieved zero routine flaring across all assets. (Image source: Adobe Stock)

Nigeria's NNPC has announced that its joint venture with TotalEnergies has achieved zero routine gas flaring across all its assets, following an inspection of the OML100 field in South-eastern Niger Delta by NNPC and TotalEnergies to assess the success of the OML Flare Reduction Project launched in 2023

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