Exploration News

Mexico's First-ever Deep Water Gulf Oil Auction Set for Dec 5
Mexico >> 2/26/2016 - Contract awards for Mexico's first-ever deep water oil auction covering ten potentially lucrative blocks will take place on Dec. 5, oil regulator CNH said, a tender that will test investor interest am...
Lukoil Begins Exploration at Vostochno-Taimyrsky Block
Russia >> 2/25/2016 - LUKOIL has begun the first stage of exploration activities at the Vostochno-Taimyrsky license block in the Krasnoyarsk region ahead of time. This stage of exploration includes 2D seismic acquisition o...
China CNOOC Tenders 18 Offshore Blocks, mostly in South China Sea
China >> 2/25/2016 - China National Offshore Oil Company, or CNOOC, has issued a tender inviting foreign firms to bid for 18 blocks off China's northern, eastern and southern coast, according to a company statement. ...
CNOOC Taps First Ultra-deepwater Gas Discovery in South China Sea
China >> 2/25/2016 - China's CNOOC Ltd said tapped the country's first ultra-deepwater natural gas discovery in the northwestern part of the South China Sea. ...
Bulgaria Signs Deal with Shell for Deepwater Oil & Gas Exploration
Bulgaria >> 2/23/2016 - Bulgaria sealed a deal with Royal Dutch Shell to explore for oil and gas in an offshore block in the Black Sea in a bid to end its almost total dependence on Russian natural gas. ...
Jura Energy Finds Gas Discovery in Badin IV South
Pakistan >> 2/22/2016 - Jura Energy Corporation announced a potential gas discovery at the Aminah-1 exploration well in the Badin IV South block. ...
Repsol Makes Major Natural Gas Discovery in Bolivia
Bolivia >> 2/19/2016 - Repsol SA discovered 4 trillion cubic feet (tcf) of possible natural gas reserves in Bolivia that it will start tapping in 2019, the government and company said Friday - a finding that could boost the...
KMG EP Announces Exploration Results
Kazakhstan >> 2/18/2016 - JSC KazMunaiGas Exploration Production (KMG EP) announces the results of exploration activities at the north-eastern flank of S. Nurzhanov field, Liman and Akkuduk blocks. ...
Petrobras, Shell, Total, Partners Find More Oil in Libra Prospect
Brazil >> 2/17/2016 - Brazil's state-led oil company Petroleo Brasileiro SA said that it and its partners found more oil in the Libra prospect in a well that helps confirm the extent of the giant offshore area. ...
ShaMaran Announces Increase in Atrush Year-End Reserves Estimate
Iraq >> 2/15/2016 - ShaMaran Petroleum Corp. reports updates to estimated reserves and contingent resources for the Atrush block as of December 31, 2015. The reserves and contingent resources estimates were provided by M...
2015 Atlantic Margin Oil and Gas Exploration Licensing Round Awards
Ireland >> 2/11/2016 - Minister of State at the Department of Communications, Energy and Natural Resources, Mr. Joe McHugh, announced the offer of fourteen new Licensing Options in the Irish offshore, following the conclusi...
Cue Energy Discovers Oil at Naga Selatan-2 Well, Onshore Indonesia
Indonesia >> 2/3/2016 - Cue Energy Resources has advised that the Naga Selatan-2 well (NS-2) has discovered oil and is currently being suspended to allow for future production testing. The well has safely reached TD at a de...
Brazil Plans to Extend Oil Rights to Foster Investment
Brazil >> 1/29/2016 - Brazil plans to extend oil exploration rights in areas awarded between 1998 and 2008 to encourage greater investment despite a recent plunge in oil prices, Energy Minister Eduardo Braga told newspaper...
Kosmos Finds Significant Gas Discovery Offshore Senegal
Senegal >> 1/27/2016 - Kosmos Energy announced that its Guembeul-1 exploration well, located in the northern part of the St. Louis Offshore Profond license area in Senegal, has made a significant gas discovery. ...
Iran & Italy Sign Up 13 MoUs Oil, Gas Agreement
Iran >> 1/26/2016 - Iran’s Ministry of Petroleum has signed a major agreement with Italy’s Saipem to cooperate in a multi-billion euro project, reports from Rome said. ...
Uganda Shouldn’t License Oil Drilling near Congo's Virunga
Uganda >> 1/21/2016 - Uganda should not license an oil exploration block close to neighbouring Congo's Virunga National Park because drilling would harm the park's ecosystem, 60 local and international environmental groups...
Frontier Provided Update on Blocks 1717 and 1718
Namibia >> 1/21/2016 - On 4 February 2014 the Board of Frontier, announced that the Minister of Mines and Energy in Namibia (the "Minister") had granted the Company a two year extension to its exploration licence covering o...
Sudan Offers Three Oil and Gas Blocks to ONGC Videsh
Sudan >> 1/20/2016 - Sudan has offered three oil and gas blocks for exploration and development to India's ONGC Videsh as part of efforts to increase the country's oil revenue, oil minister Mohamed Zayed Awad said. ...
Mubadala & PEMEX Sign Memorandum of Understanding and Cooperation
Mexico >> 1/19/2016 - Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Development Company (Mubadala), and Petroleos Mexicanos (PEMEX) have signed an agreement, in the presence of H.H. Sheikh Mohammed Bin Rashid A...
Egypt to Hold International Tender for 11 Oil & Gas Blocks
Egypt to Hold International Tender for 11 Oil & Gas Blocks Egypt >> 1/17/2016 - Egypt will hold an international tender for 11 oil and natural gas exploration blocks in the Mediterranean sea and Nile Delta during the second half of fiscal year 2015-2016, the oil ministry said. ...

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