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Exploration News

Hess Announces Eighth Oil Discovery Offshore Guyana
Guyana >> 6/20/2018 - Hess Corporation (HES) announced an eighth oil discovery offshore Guyana at the Longtail-1 exploration well, creating the potential for additional resource development in the southeast area of the Sta...
Norwegian Ministry Offering 12 New Licenses in 24th Licensing Round
Norway >> 6/18/2018 - the Norwegian Ministry of Petroleum and Energy is awarding 12 new licenses in 47 blocks on the Norwegian Continental Shelf. Nine of the licenses are located in the Barents Sea, while three are located...
Investment Opportunities Onshore Fields: Start of the Binding Phase
Brazil >> 6/18/2018 - Petrobras, further to the Material Fact of 09/22/2017 and press release of 03/02/2018, informs the beginning of the binding phase related to the full sale of its exploration, development and productio...
Gazprom Neft Expands Hydrocarbon Exploration Area in Yamal
Russia >> 6/14/2018 - Russia’s Ministry of Natural Resources and the Environment has awarded Gazprom Neft a license to explore and evaluate natural resources at the Yuzhno-Novoportovsky and Surovy license blocks, located o...
Republic of Congo Announces Promotion of Licence Round Phase 2
Congo >> 6/13/2018 - Africa Oil Week and the Ministry of Hydrocarbons of the Republic of Congo announce the promotion of the Congo-Brazzaville Licence Round Phase 2 2018/19 at Africa Oil Week, 5th – 9th November 2018. ...
Equinor Announces New Oil Discovery on the Utsira High
Norway >> 6/8/2018 - Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea. The discovery is currently estimated to contain 15-35 million barrels of recove...
Wentworth Granted License Extension
Mozambique >> 6/6/2018 - Wentworth, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, is pleased to announce an update to the Company's Onshore Rovuma asset in Mozambique ("Appraisal L...
Savannah Makes Amdigh Oil Discovery
Niger >> 6/6/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce the result of the Amdigh-1 exploration well as an...
New Proposals May Help Resolve Israel/Lebanon Oil & Gas Dispute
Lebanon >> 6/5/2018 - New ideas proposed in U.S. back-channel mediation of an Israeli-Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean raise the prospect of a partial deal this year, Isra...
Mubadala's Manora-8ST1 Appraisal Well Encounters oil at Multiple Levels
Thailand >> 6/5/2018 - JV partner Tap Oil has provided an update on drilling of the Manora-8ST1 appraisal well at the Manora oil field in the G1/48 concession in the northern Gulf of Thailand. The primary objective of the M...
Lukoil & Kazmunaygas Conclude Agreement on Caspian Project
Kazakhstan >> 6/5/2018 - President of LUKOIL Vagit Alekperov and Chairman of the Management Board of the National Company KazMunayGas Sauat Mynbayev signed a Principles Agreement on Zhenis license area, in Astana.
Reabold Announces Results of CPR on Corallian-owned Oulton Appraisal Project
United Kingdom >> 6/4/2018 - Reabold has announced that Schlumberger Oilfield UK has completed a Competent Person's Report ("CPR") for Corallian Energy Limited relating to Corallian's 100% owned Oulton appraisal project in the UK...
SDX Energy Spuds SD-4X Appraisal Well at South Disouq
SDX Energy Spuds SD-4X Appraisal Well at South Disouq Egypt >> 6/4/2018 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that it has spud its SD-4X appraisal well at South Disouq, Egypt (SDX 55% working interest and operator). ...
Apache Interested in Expanding Its Activities in Egypt
Apache Interested in Expanding Its Activities in Egypt Egypt >> 6/3/2018 - Cairo said that US oil company Apache has expressed interest in expanding its activities and investments in Egypt, "breaking new ground" for cooperation with the Egyptian petroleum sector. ...
Lebanon Begins Offshore Oil and Gas Exploration
Lebanon >> 5/29/2018 - Lebanon’s search for its first oil and gas reserves began after authorities approved an exploration plan submitted by a consortium of France’s Total, Italy’s Eni and Russia’s Novatek. ...
Non-Exclusive Agreement to Explore Marengo Gas Field Greater Area
Australia >> 5/29/2018 - Key Petroleum Limited (Key) advises that it has entered into a Non-Exclusive Agreement with North American based Six Pines Capital LLC (Six Pines), whereby: ...
Mubadala Encounters Oil in Manora-8 Well in G1/48 Concession
Thailand >> 5/28/2018 - Tap Oil Limited provides the following update on planned exploration drilling at the Manora Oil Field in the Northern Gulf of Thailand (Tap 30% interest). ...
Rosneft & Oranto Petroleum Look into Potential Cooperation in Africa
Senegal >> 5/25/2018 - At the XXII St. Petersburg International Economic Forum, Rosneft and Oranto Petroleum Limited (Nigeria) signed a memorandum of understanding on potential cooperation in the implementation of oil and g...
Equinor Awarded 9 Licences in the 30th Offshore Licensing Round
United Kingdom >> 5/23/2018 - Equinor is pleased to have been awarded 9 new licences in the 30th Offshore Licensing round, 8 as operator, as announced by the Oil and Gas Authority (OGA). ...
Canacol Energy Announces 3rd Gas Discovery at Breva 1
Colombia >> 5/23/2018 - Canacol Energy Ltd. Has provided the results of the Breva 1 exploration well located on its 100% operated VIM 21 block in the Lower Magdalena Valley Basin of Colombia. ...

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