Exploration News

Equatorial Guinea to Launch New Oil & Gas Bid Round in January
Equatorial Guinea >> 9/5/2018 - Equatorial Guinea will launch a new oil and gas exploration bidding round early next year and may refuse extensions of existing licences to oil companies unless they collectively invest a minimum of $...
Europa Oil & Gas Provides Update on Holmwood Exploration Well in PEL 143 in the Weald Basin
United Kingdom >> 9/4/2018 - Europa Oil & Gas has been notified by the Head of Estates at the Forestry Commission that the Minister for the Environment, Food and Rural Affairs, has decided not to renew the lease at Bury Hill Wood...
Panoro Finds Oil Discovery at Dussafu, Offshore Gabon
Gabon >> 8/31/2018 - Panoro Energy is pleased to announce an oil discovery in the Ruche North East Marin-1 ("DRNEM-1") well drilled in the Dussafu Marin PSC, offshore Gabon. ...
Eni Finds Gas Discovery in the Egyptian Western Desert
Eni Finds Gas Discovery in the Egyptian Western Desert Egypt >> 8/30/2018 - Eni announces a gas discovery in the Egyptian Western Desert. The discovery well has been drilled on the Faramid South exploration prospect located in East Obayed concession, 30 km North-West of the M...
ExxonMobil Adds Ninth Discovery Offshore Guyana
Guyana >> 8/30/2018 - ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential develo...
Reabold Finds Discovery at VG-3 Well, West Brentwood Licence
United States >> 8/30/2018 - Reabold, the oil and gas investing company, is delighted to announce that Integrity Management Solutions ("Integrity"), contract operator of the Company's California investments, has informed the Comp...
Brazil Regulator Approves Shell, Total, BP, Others for Pre-salt Oil Bids
Brazil >> 8/29/2018 - Brazil’s oil industry regulator ANP has approved six energy companies to bid for four pre-salt blocks in the Campos and Santos Basins to be auctioned on Sept. 28. ...
Egypt's PM, Eni CEO Discuss Future of Oil & Gas Discoveries in Egypt
Egypt's PM, Eni CEO Discuss Future of Oil & Gas Discoveries in Egypt Egypt >> 8/28/2018 - Egypt's Prime Minister Mostafa Madbouly held a meeting with Eni CEO Claudio Descalzi on the future of oil and gas discoveries in Egypt, state agency MENA reported. ...
Yinka Folawiyo Petroleum's OML 113 Licence Offshore Nigeria Renewed for another 20Y
Nigeria >> 8/24/2018 - MXO plc, an oil and gas investing company listed on AIM, is pleased to announce that the operator of the offshore licence in Nigeria, OML 113, in which it has an investment, has received consent from ...
Block Energy Announces Operations Update
Georgia >> 8/23/2018 - Block Energy Plc, the exploration and production company focused on the Republic of Georgia, has announced an operations update from its Norio licence (100% working interest), Satskhenisi licence (90%...
Samo-1 Well Location Finalized
Gambia >> 8/22/2018 - FAR Limited has selected its final well location for the upcoming Samo-1 well in its Gambian exploration programme. Following reprocessing and interpretation of 3D seismic data, detailed mapping of th...
US Apache Plans to Invest $1B Annually in Egypt
US Apache Plans to Invest $1B Annually in Egypt Egypt >> 8/21/2018 - Minister of Petroleum and Mineral Resources Tarek El-Molla discussed with John J. Christmann, the chief executive officer and president of the US Apache Corporation, means to expand the company's expl...
Eridal Oil Discovery and Exercise of Drilling Rig Option
Niger >> 8/15/2018 - 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 Eridal-1 exploration well as an...
OGA Adds Further Acreage to 31st Offshore Licensing Round
United Kingdom >> 8/13/2018 - As part of the 31st Offshore Licensing Round, the Oil and Gas Authority offered companies the opportunity to propose additional blocks in more mature areas, for possible inclusion where applicants int...
Faroe Petroleum Norge has Received Consent for Exploration drilling
Norway >> 8/8/2018 - Norway's Petroleum Safety Authority has given Faroe Petroleum consent to drill exploration well 30/6-30 in production licence PL 825. The well will test a prospect called Rungne. ...
Dry Well Near the Ormen Lange Field in the Norwegian Sea
Norway >> 8/8/2018 - A/S Norske Shell, operator of production licence 832, has concluded the drilling of wildcat well 6304/3-1. The well is dry. The well was drilled in the southern part of the Norwegian Sea, about 35 km ...
Mozambique Finalises Block 5 Oil Deals with Multinational Firms
Mozambique >> 8/7/2018 - Mozambique’s government on Tuesday approved contracts giving exclusive rights to energy companies to act on concessions awarded to them to explore for oil following four years of negotiations and dela...
CNH & PEP Sign a Contract for the Exploration in Ebano Area
Mexico >> 8/3/2018 - The National Hydrocarbons Commission (CNH), on behalf of the Mexican State, signed with Pemex Exploration and Production (PEP) and with the companies D & S Petroleum, SA de CV (D & S Petroleum) and DS...
Empyrean Energy Announces Operations Update on Mako Gas Discovery
Indonesia >> 8/3/2018 - Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has been informed by Conrad, its partner in the Duyung PSC, offshore Natuna Basin - Indon...
Gazprom Neft Obtains Commercial Oil Inflow from Ignyalinskoye Field
Russia >> 7/30/2018 - Gazpromneft-Angara, a subsidiary of Gazprom Neft, has obtained a consistent inflow of oil from the Ignyalinskoye field (Irkutsk Region) benefiting from a new approach to the seismic studies. Following...

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