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Karoon completed the acquisition of interests in the U.S. Gulf of Mexico from LLOG Exploration and LLOG Omega.

The aim of the well is to appraise a gas/condensate discovery made in 2001 and test a number of additional potential reservoir targets.

Karoon said it expects its total production for 2024 to be in a range of 11.2 million to 13.5 million barrels of oil equivalent.

Driven by a full period of production from the Who Dat assets in the U.S. Gulf of Mexico (GOM), production rose 18 percent quarter over quarter.

Karoon expects Bauna production for the quarter to be between 1.3 million and 1.4 million barrels of oil.

Australia's Karoon Energy is acquiring a 30 percent interest in the Gulf of Mexico's Who Dat and Dome Patrol fields and associated infrastructure.

Kazakhstan's state-run pipeline operator applied to export oil to Germany via the Druzhba link.

Kazakhstan sovereign wealth fund Samruk-Kazyna and China's CNPC are collaborating to further develop Kazakhstan's oil and gas industry.

The government told partners in the Kashagan oil venture it will press ahead with arbitration in a $13 billion dispute.

Kazakhstan said it's willing to send crude oil to Germany.