Friday, August 8, 2025
Offshore drillers to see contract cancellations of up to 3 billion until 2021-oilandgas360

Half-year discoveries total 4.9 billion boe, lowest of the century

Oil&Gas The resource volumes were 42% lower and the number of discoveries was down by 31% compared to the same period in 2019 Global discoveries of conventional resource volumes reached just 4.9 billion barrels of oil equivalent (boe) in the first half of 2020, Rystad Energy estimates, the weakest-performing first half of the 21st century. The resource volumes were 42%