17 February 2026
17 February 2026
The drilling campaign involved two wildcat wells, 33/12-N-3 HH and 33/12-N-3 GH, on the Gullfaks Satellites.
Drilling activities off the coast of Somalia are scheduled to commence between April and May of this year.
Estimated volumes for the Calao South discovery are up to 5tcf of gas and 450mbbl of condensate.
The prospects sit in ultra-deep-water terrain at water depths in excess of 1,500m, and involve complex geological structures.
The framework agreement includes options for two additional four-year extensions, starting on 1 March 2026.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
