Exploration News

Mexican Oil Regulator Modifies Bid Terms for December Auction
Mexico >> 11/9/2015 - Mexico's oil regulator approved tweaks to a third auction set for next month, including more flexible capital requirements aimed at attracting more bids, as well as an extended timeline for companies ...
Nigeria's NNPC Says on Verge of Oil Find in Lake Chad Area
Nigeria >> 11/8/2015 - Nigeria, Africa's biggest crude oil producer, may be "on the verge of a significant oil find" in the Lake Chad area of the northeast, NNPC managing director Ibe Kachikwu was quoted as saying in a stat...
Eni Makes New Discovery Offshore Congo
Congo >> 11/5/2015 - Eni made a new discovery of gas and condensates offshore Congo, in the exploration prospect of Nkala Marine, located in Marine XII block, about 20 kilometers from the coast and 3 kilometers from the N...
Sisi Approves $2.2b Oil & Gas Exploration Contracts
Egypt >> 11/3/2015 - Egypt's president Abdel Fattah al-Sisi approved six new oil and gas exploration contracts for investments worth at least $2.2 billion, the Oil Ministry said in a statement. ...
BP Ready to Run E&P Projects in Iran
Iran >> 11/2/2015 - BP's President of Middle East Michael Townshend says the company is ready to return to Iran and resume its presence in Iran's exploration and production projects in its oil and gas industry. ...
Equatorial Guinea Promotes New Offshore Exploration in 2016
Equatorial Guinea >> 10/31/2015 - Following the success of its 2012 and 2014 bidding rounds, the Ministry of Mines, Industry and Energy of Equatorial Guinea has announced it will launch a new bidding round for all remaining deep and u...
Lukoil to Take Part in Tender for Gulf of Mexico
Mexico >> 10/30/2015 - Lukoil, Russia's No.2 oil firm, plans to take part in a tender to explore for oil and gas in the Gulf of Mexico, Vagit Alekperov, chief executive with Lukoil, was quoted as saying by TASS news agency....
Apache Finds Significant Discoveries on UK. North Sea
United Kingdom >> 10/30/2015 - Apache Corporation announced significant discoveries on two exploration wells in the Beryl area of the U.K. North Sea. The company also drilled two significant development wells in the Beryl area, fr...
Shell Upbeat on Gabon Leopard Marin Discovery
Gabon >> 10/29/2015 - Royal Dutch Shell's (RDSa.L) Leopard Marin discovery offshore Gabon may be a new commercial gas field, a senior company executive said. ...
Circle Oil Tests Gas at CDG-13 Well in Sebou Permit
Morocco >> 10/28/2015 - Circle Oil plc, the North African focused oil and gas exploration, development and production company, is pleased to announce a discovery at the Caid El Gaddari-13 (CGD-13) exploration well on the Se...
CGG Appointed to Promote 11th Licensing Round
Gabon >> 10/28/2015 - CGG has been appointed as technical consultant by the Gabonese Republic’s Ministry of Petroleum and Hydrocarbons to help with the promotion of its 11th Licensing Round focusing on five highly prospect...
CNOOC Limited Announces Key Operational Statistics for Q3 2015
China >> 10/28/2015 - CNOOC Limited announced its key operational statistics for the third quarter of 2015. In the third quarter, the Company achieved a total net production of 127.5 million barrels of oil equivalent (BOE)...
CNOOC Confirms Caofeidian 6-4 in Bohai Bay as a Mid-Sized Oil Field
China >> 10/22/2015 - CNOOC has announced that the Caofeidian 6-4 oil structure in Bohai discovered in 2014 was appraised successfully and confirmed to be a mid-sized oil field. ...
Total Granted Licence Extension for Block III
Congo, Democratic Republic (Zaire) >> 10/21/2015 - Following application to the Ministry of Hydrocarbons of the Democratic Republic of Congo (“DRC”), the joint venture partners, with Total E&P RDC as operator, were informed that the Block III licence ...
Beijing Firm Highest Bidder in Xinjiang Oil Tender
China >> 10/20/2015 - China's Beijing Energy Investment Holding Co Ltd, a local government-backed firm, submitted the highest bids for three oil and gas blocks in a rare tender issued by the Ministry of Land & Resources, a...
Eni Prepared for High-Tech Oil Ventures in Iran After Sanctions Removal
Iran >> 10/20/2015 - The Chief Upstream Officer of oil giant Eni said the Italian company is prepared to resume activities in Iran’s oil, gas and petrochemical projects following removal of sanctions. ...
JV Vietsovpetro has Made a Commercial Discovery of the Sturgeon Field
Vietnam >> 10/16/2015 - The joint venture of Zarubezhneft and Petrovietnam Vietsovpetro has made a commercial discovery of the Sturgeon field offshore Socialist Republic of Vietnam. ...
53/02-01 Humpback Exploration Well Drilled to 4,718 metres
Falkland Islands >> 10/16/2015 - Falkland Oil and Gas Limited (“FOGL”) is providing an operational update on the 53/02-01 Humpback exploration well. ...
Ksr-A Well Onshore Morocco Flows Gas
Morocco >> 10/13/2015 - Circle Oil plc, the North African focused oil and gas exploration, development and production company, is pleased to provide an update on the progress of the Ksiri West-A (KSR-A) exploration well on ...
Primeline & CNOOC Agree to Extend Exploration Period for Block 33/07
China >> 10/13/2015 - Primeline Energy Holdings Inc. (Primeline (PEH)) announced that China National Offshore Oil Corp (“CNOOC”) has agreed to extend the exploration period under the Petroleum Contract for Block 33/07 (“Pe...

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