Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020. This results in an effective replacement rate of well under one-third of ...
Petroliam Nasional Bhd (Petronas) has announced two new discoveries and a successful appraisal well in Block 52 off the Atlantic coast of Suriname. Malaysia's national oil and gas company said in a ...
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