Extension of the 4.5 billion barrel Franco field is confirmed by the latest discovery from Petrobras. The company is also looking to drive production growth with its prolific pre-salt prospects.
Sandwiched between a recent discovery to the East, the world’s largest reserves of crude oil to the West and with their maritime border dispute resolved - Guyana and Suriname have started to attract a lot of exploration interest.
Total and Eni among the first foreign firms to restart operations in Libya, while others await developments.
Get our independent commentary on oil and gas trends and companies delivered to your inbox.
