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Saudi Orders Halt to Oil Exploration in the Nation

Source: Bloomberg 7/3/2010, Location: Middle East

Saudi Arabia has stopped exploring for oil to protect the interests of future generations, the Saudi News Agency reported, citing King Abdullah Bin Abdul Aziz.

The monarch told Saudi scholars studying in Washington that he had ordered that all prospecting for oil to cease “in order to keep the earth’s wealth for our sons and grandsons”, the Riyadh-based agency said.

Exploration News in Saudi Arabia >>

Norway >>  2/18/2019 - Wintershall Norge A/S, operator of production licence 847, has concluded the drilling of wildcat well 6706/6-2 S. The well was drilled about 60 kilom...
United States >>  2/18/2019 - 88 Energy has advised that the Winx-1 well, North Slope of Alaska, spudded on schedule on Feb 15 (AK time). The well was drilled to 600 ft prior to pu...

Norway >>  2/15/2019 - Equinor Energy AS, operator of production licence 248 C, has completed the drilling of wildcat well 35/11-22 S. The well was drilled in the northern ...
Norway >>  2/15/2019 - Wellesley Petroleum AS, operator of production licence 931, has completed the drilling of wildcat well 35/4-2. The well was drilled about 33 kilometr...

United States >>  2/15/2019 - 88 Energy has advised the following in relation to its oil and gas operations on the North Slope of Alaska. ...
South Africa >>  2/8/2019 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, notes the announcement dated 7 February 2019 from Total S.A. ("Total...

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