Exploration News

Promising Applications Received for UKCS Frontier Licensing Round
United Kingdom >> 10/31/2016 - The Oil and Gas Authority (OGA) has attracted 29 applications covering 113 blocks in the latest offshore licensing round which targeted under-explored areas of the UK Continental Shelf (UKCS). The 29t...
ANP & the UK Regulator Signed a Cooperation Document
Brazil >> 10/26/2016 - The National Agency of Petroleum (ANP) and the Oil and Gas UK Authority signed a Memorandum of Understanding with the aim of promoting cooperation on regulatory issues of mutual interest.

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Gazprom Neft Discovers New Field with Reserves of 40 Million Tonnes
Russia >> 10/26/2016 - A new oilfield has been discovered at the Zapadno-Chatylkinsky license block, Yamalo-Nenets Autonomous Okrug, under licence to Gazprom Neft subsidiary Gazpromneft-Noyabrskneftegaz. Drilling of three e...
Quadrant Energy Spuds Phoenix South-2 Well
Australia >> 10/25/2016 - Carnarvon Petroleum Limited (Carnarvon) is pleased to advise that the Phoenix South-2 (PS-2) well is expected to commence in the next 7 days. This well is appraising the Phoenix South-1 oil discovery ...
Petrobras & Total Formed Strategic Alliance
Brazil >> 10/24/2016 - Petrobras president, Pedro Parente, and the president of Total, Patrick POUYANNE, signed, in Rio de Janeiro, a memorandum of understanding to consolidate a strategic alliance in the segments of Explor...
Iran Says Talking to 16 Firms Over Oil Projects
Iran >> 10/23/2016 - Iran says it is negotiating with 16 international energy companies over investing in the exploration and development of oil and gas projects that it recently put out on tender. ...
President Energy Provides Operational Update in Paraguay
Paraguay >> 10/20/2016 - President Energy (PPC), the oil and gas exploration company provides the following update on its operations in Paraguay ...
Roxi Provides an Operational Update in BNG Area
Kazakhstan >> 10/19/2016 - Roxi, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of its BNG operations. ...
Total in Gas & Condensate Discovery in North Sea
United Kingdom >> 10/17/2016 - The well was drilled in the northeast part of the Martin Linge field in the North Sea. The objective of the well was to prove petroleum in Middle Jurassic reservoir rocks (Brent group). The well encou...
Strong Initial Interest in New Oman Licensing Round
Oman >> 10/16/2016 - Initial interest in the four oil and gas blocks offered as part of the 2016 Oman Licensing Round has been very promising, according to a top official of the Ministry of Oil & Gas. ...
Mexico Eases Consortium Rules for Trion Block
Mexico >> 10/14/2016 - Mexico's oil regulator approved a more flexible bidding scheme for a highly anticipated upcoming auction that will pick a partner for national oil company Pemex to jointly develop its deep-water Trion...
Japan Protests Over Signs Of Renewed Chinese Gas Exploration
China >> 10/13/2016 - Japan has protested to China over signs it is pressing ahead with maritime gas exploration in the East China Sea despite Tokyo's repeated requests to stop, Japan's top government spokesman said. ...
Petrobras & Galp Sign MOU for Exploration & Development
Brazil >> 10/11/2016 - Petrobras Signed a memorandum of understanding with Galp Energia, with the objective of expanding their cooperation with this company, consolidating their strategic alliance. ...
Tanzania, Congo Sign Deal for Exploration in Lake Tanganyika
Tanzania >> 10/4/2016 - Tanzania and the Democratic Republic of the Congo signed a memorandum of understanding for joint exploration and development of hydrocarbons in Lake Tanganyika. The lake, which straddles the border be...
SEI Found Oil and Gas Reserves in an Exploration Well Sidayu-4V
Indonesia >> 9/30/2016 - PT Perusahaan Gas Negara (Persero) Tbk (PGAS), through its subsidiary PT Saka Energi Indonesia (SEI) once again found oil and gas reserves in an exploration well Sidayu-4V, Pangkah Block, offshore Eas...
Brazil Planning New Rounds of Oil-Rights Auctions in 2017 3rd Quarter
Brazil >> 9/23/2016 - Brazil is likely to hold its 14th round of oil rights concession auction and its second-ever auction of sub-salt production sharing rights at the same time in the third quarter of 2017, an Energy Mini...
Baltim South West, in the Nile Delta, Exceeds expectations
Baltim South West, in the Nile Delta, Exceeds expectations Egypt >> 9/22/2016 - Eni upgraded the field potential of Baltim South West to 1 trillion cubic feet (Tcf) of gas in place, following the results of the appraisal well Baltim South West 2X, drilled immediately after the su...
Gazprom Discovers New Field on Sea of Okhotsk Shelf
Russia >> 9/22/2016 - In the course of geological exploration of the Kirinsky prospect in the Sea of Okhotsk, a prospecting and appraisal well was drilled in the Yuzhno-Lunskaya structure within the Sakhalin III project. A...
Lukoil’s President Discussed Joint Projects with Iran’s Leaders
Iran >> 9/19/2016 - The President of LUKOIL Vagit Alekperov met with the Iranian Oil Minister Bijan Namdar Zanganeh in Teheran. The parties discussed the outlooks on the Company’s participation in Iranian projects. ...
Eni Successfully Restarts Exploration Activities in Tunisia
Tunisia >> 9/19/2016 - Eni has successfully resumed exploration activities onshore Tunisia in the Sahara desert, approximately 700 kilometers south of Tunis. Eni has just completed operations on the discovery well Laarich E...

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