Global farmout market in recovery: Westwood

WESTWOOD Global Energy Group believes exploration and farmouts could be off to a strong start in 2019 with the first find of the year Brulpadda in South Africa by a Total-led joint venture, which the consultancy suggests is the first serious offshore find since ExxonMobil’s Liza in Guyana in 2015.

Farmin market in tentative recovery

02 April 2019
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Total made its potential billion barrel of oil equivalent find in February, though first tried to drill the large block in 2014.

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