Rigzone

JUNE 11, 2025

Image by Daniel S Ragnarsson via iStock OMV AG plans to launch a seismic survey in December to explore the potential of geothermal energy in the East Styrian basin in the greater Graz area. The Austrian state-backed energy company expects to drill an exploration well in the second half of 2026.

Exploration Well 70

Exploration Well Energy Energy Oil 70

Rigzone

JULY 24, 2025

TotalEnergies president for exploration and production Nicolas Terraz said, “With Begonia and CLOV Phase III, we are leveraging available production capacity in existing FPSOs of Block 17 (Pazflor and CLOV) while reducing costs and emissions” Besides CLOV and Pazflor, block 17 also produces through FPSOs Dalia and Girassol.

Offshore 62

Offshore Exploration and Production Infill Drilling Exploration Well 62

Iraq Business News: Oil & Gas

MARCH 18, 2025

Our shift from cash outflow in 2023 to cash generation in 2024 has been important, and in 2025 we expect the cash generated by the Tawke PSC to continue to cover our costs. Paul Weir, Chief Executive of Genel, said: " In 2024, we demonstrated further progress on our journey of building towards delivering resilient, diversified cash flows.

Energy 66

Energy Energy Exploration and Production BBL 66

Rigzone

JUNE 19, 2025

“Building on this strong foundation, PETRONAS is optimistic that the positive momentum and learnings from Block 52 will carry over into Block 66 as it continues to explore and unlock the hydrocarbon potential of the area”, Petronas said in a press release.

Offshore 62

Offshore Exploration and Production Exploration Well E&P 62