Exploration News

Philippines Needs China Ties Clarity To Lift S China Sea Exploration Halt
China >> 2/27/2017 - The Philippines is waiting for clarity on its relations with China before lifting a suspension on exploration in disputed areas in the South China Sea, its energy minister said on Monday. ...
Iraq Plans Offshore Oil and Gas Exploration to Boost Reserves
Iraq >> 2/27/2017 - Iraq is planning to start offshore oil and gas exploration to boost the OPEC nation's reserves, Oil Minister Jabar al-Luaibi said in a statement. Luaibi said he “gave guidance to the Oil Exploration C...
OGA Launch Well P&A Optimisation Programme
United Kingdom >> 2/23/2017 - The Oil and Gas Authority (OGA) has launched a search for operators to voluntarily participate in a multi-operator, well plug and abandonment (P&A) optimisation programme. The objective of the pilot p...
Carnarvon Petroleum & Quadrant Energy to Drill Dorado-1 Well
Australia >> 2/23/2017 - Carnarvon Petroleum Limited (Carnarvon) is pleased to inform shareholders that the joint venture has committed to acquiring long lead items for the Dorado-1 exploration well and planning for the well ...
Cairn Appoints Eric Hathon as Director of Exploration
Switzerland >> 2/23/2017 - Cairn is pleased to announce the appointment of Eric Hathon as Director of Exploration. Dr Hathon, who has more than 25 years experience in the international oil and gas industry, will join Cairn from...
Lukoil and Inpex Successfully Complete Well Test at Block 10
Iraq >> 2/22/2017 - LUKOIL and INPEX have successfully completed the testing of the first exploratory well, Eridu 1, at Block 10 in southern Iraq. The well recorded daily flow rate of more than 1,000 cubic meters of swee...
Minister of Petroleum in Talks with the Chinese Corp. Sinopec
Minister of Petroleum in Talks with the Chinese Corp. Sinopec Egypt >> 2/20/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Wang Yupu, Chairman of the Board of Directors of the Chinese National Group, Sinopec Corp. and the accompanying delegation in ...
Iran Proven Hydrocarbon Reserves more 30 Billion Barrels than 2011 Estimates
Iran >> 2/15/2017 - Iran says its proven in-place oil and gas reserves are higher by 30 billion barrels and 128 trillion cubic feet, respectively, than 2011 estimates. Director of Exploration at the National Iranian Oil ...
Moulay Bouchta Extension Confirmed
Morocco >> 2/15/2017 - Gulfsands Petroleum plc, the oil and gas company with activities in Syria, Tunisia, Colombia and Morocco, announces that its subsidiary, Gulfsands Petroleum Morocco Limited ("GPML"), has been awarded ...
Grant of PPL 338 Extension & Award of New Licence PPL 581
Papua-New Guinea >> 2/15/2017 - Kina Petroleum Limited is pleased to provide an update in relation to its foreland exploration activities. Kina confirms that the PPL 338 licence has been extended for a further 5 years and that it ha...
Iran Explored 30 bln Barrels of Oil
Iran >> 2/14/2017 - Iran has discovered about a dozen new oil fields with in-place reserves of 30 billion barrels, head of exploration at National Iranian Oil Company (NIOC) stated. ...
Venezuela Signed 8 Oil Cooperation Agreements With China
Venezuela >> 2/14/2017 - Petroleos de Venezuela, S.A. (PDVSA) ratified its cooperation with the People's Republic of China in 8 agreements as part of the XV China-Venezuela Joint High Level Commission held in the Jose Felix R...
Sonatrach and Total Sign Partnership Agreement
Algeria >> 2/10/2017 - Sonatrach, Algeria’s state energy company, and Total signed a comprehensive agreement strengthening the existing partnership between the two companies. ...
LGO to Apply for New Production Concession for Ayoluengo Field
Spain >> 2/9/2017 - LGO provides an update on the Ayoluengo Field in northern Spain which was previously operated by its wholly owned subsidiary Compan?a Petrol?fera de Sedano, S.L.U. (CPS) until the termination of La Lo...
Cobalt Announces Closing of DOJ Investigation
Angola >> 2/9/2017 - Cobalt International Energy, Inc. (Cobalt) has received a letter from the United States Department of Justice (DOJ) advising Cobalt that the DOJ has closed its FCPA investigation into Cobalt’s operati...
Lundin Granted Drilling Permit for Edvard Grieg Appraisal
Norway >> 2/8/2017 - The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-27, cf. Section 8 of the Resource Management Regulations. Well 16/1-27 will be drilled from the Island ...
Iran Declares Major Hydrocarbon Discoveries
Iran >> 2/6/2017 - A top Iranian oil official stated that the country has discovered 15 billion barrels of new in-place oil reserves, but around 2 billion barrels of the reserves were “recoverable”. ...
Iran to Hold Tender for Oil & Natural Gas Fields in Mid-February 2017
Iran >> 2/4/2017 - Iran will launch new contracts to develop oil and natural gas fields in mid-February in the country's first such tender since the lifting of international sanctions a year ago, an oil official said on...
GeoPark Announces New Exploration Discovery In Colombia
Colombia >> 2/2/2017 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina, and Peru, annou...
Oyster Extends the Exploration Period of Block 1101
Madagascar >> 2/1/2017 - Oyster Oil and Gas Ltd. (Oyster) is pleased to confirm that following negotiations with the Office des Mines Nationales et des Industries Stratégiques (OMNIS) agreement has been reached to provide a t...

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