It is expected that the Tuna field which is situated in the South China Sea, will reach its maximum output of 115 million standard cubic feet per day in 2027.
In a historic move, Norwegian government is looking to give out 78 oil & gas exploration blocks across the Barents Sea and 14 blocks in the Norwegian sea.
Eni SpA is set to push ahead a potential investment of $8 billion in two natural gas fields in Libya, according to the North African country's state energy firm, as Italy steps up efforts to wean itself off Russian supplies.
Trillion Energy has identified several additional opportunities to increase production at the SASB gas field during 2023 by adding three side-track wells to its development program.
