ConocoPhillips is getting a new partner for hydrocarbon exploration activities in the Otway Basin off the coast of Australia, where the firm and its partners will look for more commercially viable natural gas reserves.
As Africa continues to attract more interest in its offshore basins, U.S.-headquartered oilfield services player Halliburton has lent a helping hand to Rhino Resources for exploration activities on Block 2914 within the petroleum exploration license (PEL) 85 off the coast of Namibia.
