Payara find is commercial

US independent Hess has declared the ExxonMobil-operated Payara oil discovery off Guyana to be a commercial find after disclosing earlier this year that it hit 95 feet of net pay at the wildcat.

Turkmen president wins vote

Turkmenistan’s current President Gurbanguly Berdymukhamedov will rule the country for another seven years after an overwhelming victory in presidential polls this past weekend, writes Vladimir Afanasiev.

Sri Lanka M2 tender date

Sri Lanka has launched a tender for Block M2, which includes the Barracuda and Dorado gas condensate discoveries, in the Mannar basin, calling on interested parties to carry out the appraisal and development the 2924-square-kilometre offshore area.