Petronas plans to drill two additional wells offshore Suriname
The Malaysian company is looking to gather additional data for its field plan, prior to making a final investment decision for Block 52.
10 November 2023
10 November 2023
The Malaysian company is looking to gather additional data for its field plan, prior to making a final investment decision for Block 52.
The company will acquire a 14% interest in Block 3/05 and a 40% stake in Block 23.
The Wei-1 well identified a total of 114ft of net pay, confirming the significant oil resource potential of the Corentyne block.
At a conference in Romania, the Hungarian Foreign Affairs Minister said his country’s energy policy is directed by infrastructural concerns, rather than politics or ideology.
Gas prices are expected to be lower this winter compared with last year as inventories are relatively full.
The Arctic LNG 2 project has been placed under the Specially Designated Nationals list.
TC is also considering selling stakes in the ANR Pipeline, Millennium Pipeline and Portland Natural Gas Transmission System, as well as an undisclosed Mexican operation.
ADNOC has agreed to offer a price of 37.29 reais ($7.59) per share of Braskem, a Brazilian petrochemical company.
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ML can be used to analyze seismic data, well logs, and other geologic data to identify potential reservoirs. ML algorithms are also capable of analyzing production data and identifying patterns that can be used to improve well performance. This can lead to increased production rates and reduced downtime. Besides, this analysis can also be used to identify potential hazards, thereby preventing any untoward incidents and boosting operational safety.
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