Exploration News

Operational Update on Foum Assaka Well FA-1, Offshore Morocco
Morocco >> 3/17/2014 - Fastnet Oil & Gas Plc, the E&P company focused on exploration acreage in Africa and in the Celtic Sea, is pleased to announce that its partner and operator in the Foum Assaka area, offshore Morocco (F...
Tarfaya Offshore Block Drilling Faces Heavy-Oil
Morocco >> 3/14/2014 - Moroccan Office of Hydrocarbons and Mining (ONHYM) said Tarfaya offshore block drilling by Cairn energy and Genel, with a depth of 2,112 meters, has faced a column of heavy-oil more complex to exploit...
Tullow Asserts Force Majeure Event on Offshore Guinea Project
Guinea >> 3/12/2014 - Tullow Guinea Limited asserted on March 11, 2014 to the Government of Guinea and members of the Consortium its claim that there has been a Force Majeure event under the Production Sharing Contract (PS...
Weiden Basin Hydrocarbon Licence Completed
Germany >> 3/12/2014 - Rose Petroleum, the AIM-listed natural resources company, is pleased to announce that the statutory period for legal challenges against the Company’s licence in the Weiden Basin, Germany has now expir...
Major Hydrocarbon Assessed on FAR’s Australia Permits
Australia >> 3/11/2014 - A geotechnical evaluation of FAR Ltd’s offshore Western Australia exploration permits WA-457-P and WA-458-P in Australia’s Dampier Basin has identified multiple prospects with total prospective resour...
PetroPlus Commences Initial Exploratory Drilling in Gabon
Gabon >> 3/10/2014 - Specialising in hydrocarbon exploration and exploitation, PetroPlus Overseas has wasted no time in laying the foundations for its future growth. It holds many oil and gas rights in Africa, particularl...
First Oil Find off East Coast Oman
Oman >> 3/9/2014 - Masirah Oil Limited has announced the test flow rates of the previously announced discovery at the second exploration well in Block 50 Oman, were very encouraging. The exploration well was drilled to ...
Chad Oil Drilling Workers Start 3 Dday Strike over Pay
Chad >> 3/9/2014 - Around 1,600 workers in Chad's oil exploration sector began a three-day strike after rejecting a pay offer from two Chinese firms employing them, a union official said. ...
Lebanon Energy Minister Says to Press on With Gas Tenders
Lebanon >> 3/8/2014 - Lebanon's new energy minister said the government should press forward with its first offshore gas licensing round without further delay and his ministry would not be held up by the country's politica...
Energean JV Awarded Katakolon Block in Open Door Bid Round
Greece >> 3/7/2014 - Hellenic Hydrocarbons Management Committee successfully completed its work regarding the evaluation of the bids for the exploration and exploitation of hydrocarbons for the Katakolon Block. Katakolon ...
Tethys Announced Successful First Gas Well of 2014 Programme
Kazakhstan >> 3/7/2014 - Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia and the Caspian Region, is pleased to announce that AKK17, the first shallow gas exploration well o...
Faroe Petroleum Finds Oil & Gas Discovery in the Norwegian Sea
Norway >> 3/6/2014 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, is pleased to announc...
BP Shelves Onshore Exploration in Libya as Instability Grows
Libya >> 3/6/2014 - Oil and gas major BP said it had mothballed plans to explore in Libya's Ghadames basin because of security concerns, the latest in a series of companies to rethink their projects amid growing instabil...
PR Knocks out Gulf of Suez Discovery
Egypt >> 3/6/2014 - US independent oil and gas company IPR hit hydrocarbons while drilling on the Southwest Gebel El Zeit concession in Egypt’s Gulf of Suez. The well, the SWGEZ-5, was drilled using the ADES’s jack up ri...
Exxon Says Pursuit of Ukraine Skifska Block on Hold
Ukraine >> 3/5/2014 - Exxon Mobil Corp said its pursuit of the Ukraine Skifska block in the Black Sea has been stalled due to the unrest in that country.

Andrew Swiger, senior vice president at Exxon, told in...
Jura Announces Gas Discovery in Guddu Block
Pakistan >> 3/5/2014 - Jura Energy Corporation announced a commercial gas discovery at the Maru East-1 exploration well in the Guddu block. ...
20th Latin Oil Week/ Upstream 2014
Brazil >> 3/4/2014 - This key annual event for the Latin American Continent, hosted by Global Pacific & Partners is augmented by it’s special 20th anniversay, as the longest running such event in and/or around Latin Ameri...
Circle Oil Provides an Operations Update in Egypt
Egypt >> 3/3/2014 - Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field (AASE) and the Geyad Field in ...
Update on Foum Assaka Well, Offshore Morocco
Morocco >> 2/24/2014 - Fastnet Oil & Gas Plc, the E&P company focused on near term exploration acreage in Africa and the Celtic Sea, is pleased to announce that its partner in the Foum Assaka license area, offshore Morocco ...
Swala Commits to Further Exploration in Tanzania
Tanzania >> 2/21/2014 - Swala Energy Limited (Swala), through its 65% owned subsidiary Swala Oil & Gas (Tanzania) PLC, advises that it has informed the Tanzanian Petroleum Development Corporation (TPDC) that it has committed...

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