Although the French supermajor hasn’t formally greenlit the $9 billion development of crude discoveries in the Latin American nation, it’s already seeking to lock in two rig leases for future drilling in the area, according to people familiar with the tenders who asked not to be named discussing non-public information.
North Sea recoverable oil and gas resources rise 31% after last licensing round, new report shows
The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels...