Lukoil makes a new oil discovery at block 12 in Mexico
LUKOIL announces discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico. The field was discovered after drilling the first exploration well. According to preliminary estimates, the initial oil in place reaches 250 million barrels.
The Yoti West-1 EXP well was drilled 60 km offshore from the Valaris 8505 semi-submersible platform. The well penetrated a sand reservoir in Upper Miocene sediments with high permeability and effective oil-saturated thickness of about 25 meters. An assessment plan for the Yoti West field is planned to be developed based on drilling results.
Related News.
Global study finds Cyprus ranks SEVENTH and set for $1.1 billion AI GDP boost
Cyprus beats India and New Zealand to come SEVENTH in major AI study – with potential €1.1 billion GDP boost and youth jobs opportunity Some 86% of…
Global shipping’s trillion dollar climate bill according to Zero Carbon Analytics
A new study by Zero Carbon Analytics finds that emissions from international shipping cost the global economy around USD 963 billion between 1990…
Keeping Children Safe Online at Sea Seafy® earns friendly WiFi Certification across 26 vessels
Seafy becomes Friendly WiFi’s first partner in the maritime sector, helping protect kids from harmful content online. Friendly WiFi is delighted…
ShipManager joins Star Information Systems to accelerate the maritime industry’s transition to cloud
CFARER, a DNV Company selects Star Information Systems as the longterm home for ShipManager and its cloud future Star Information Systems (Star)…
Seafarer experience must shape maritime technology, initial STEER Project report finds
New research finds technology can shift rather than remove risk as The Nautical Institute, with support from Lloyd’s Register Foundation, calls for…
New LR service targets cargo disruption when trade routes fail
New LR Advisory service helps ports, governments and logistics operators respond to disruption, protect critical cargo flows and strengthen trade…
DORIC WEEKLY INSIGHT 06 NOVEMBER 2026
Please find below the DORIC Market Insight for the week ending 06th November 2026. Weekly Report 06.11.2026
BIMCO Shipping Number of the Week
Coal shipments to India drop 7%, but limited recovery may lie ahead "Between January and October, coal shipments to India dropped 7% y/y due to the…
Hapag-Lloyd marks 20 years in South Africa and targets further growth
South Africa has become a cornerstone of Hapag-Lloyd's business in Africa Hapag-Lloyd surpasses 1 million TEU in Africa for the first time in its…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
