Exploration News

Circle Oil Signs Morocco Deal
Morocco >> 6/26/2006 - Circle Oil plc, the oil and gas exploration and development group, is today pleased to announce that Circle Oil Maroc Ltd (COML), its wholly owned subsidiary, has signed a Petroleum Agreement covering...
Chevron Announces First Oil Production from Lobito Field, Deepwater Block 14, Angola
Angola >> 6/26/2006 - Chevron Corporation announced today that its subsidiary Cabinda Gulf Oil Company Ltd. (CABGOC) commenced oil production from the Lobito Field, in deepwater Block 14, located offshore Angola. The Bengu...
Contract for SP phases 15, 16 to be signed today
Iran >> 6/25/2006 - The National Iranian Oil Company and the Khatam al-Anbiyah Reconstruction Headquarters are scheduled to sign a $2.098 billion contract on development projects for phases 15 and 16 of the South Pars (S...
Minor oil shows in the Alkhoon #1 well, Yemen Block 44
Yemen >> 6/23/2006 - The Yemen Block 44 exploration well Alkhoon #1 was spudded on 22 May, 2006. Total depth of the well, at 1506m, was reached on 15 June 2006. The well was drilled 200m into basement. The well tested a s...
Baraka to Progress Mauritanian Taoudeni Acreage
Mauritania >> 6/20/2006 - Baraka Petroleum Limited is pleased to confirm that the Ta11 & Ta12 Joint Venture in Mauritania is progressing to the next stage of evaluation. During this next stage the joint venture is acquiring an...
ExxonMobil Confirms Successful Bid in Indonesia Exploration Licensing Round
Indonesia >> 6/19/2006 - Exxon Mobil Corporation confirmed its subsidiary, Esso Exploration International Limited, was high bidder on Surumana block located in the Makassar Straits off the coast of Sulawesi in the latest Indo...
NIDC, OESC ink $171m oil exploration contracts
Iran >> 6/14/2006 - Two oil exploration contracts valued at $171 million were signed yesterday by the National Iranian Drilling Company (NIDC) and the Oil Exploration Services Company (OESC), a subsidiary of the National...
OMV starts exploration activities in Block 2 in Yemen
Yemen >> 6/13/2006 - OMV, Central Europe’s leading oil and gas group, announces the ratification of the Production Sharing Agreement for Block 2 (“Al Mabar”) by the Parliament of the Republic of Yemen. The President of Ye...
Bids on 12 oil blocks to be reintroduced by NIOC
Iran >> 6/12/2006 - Contracts to continue exploration of two oil blocks have already been signed and two more in Khorramabad and Garmsar have just received the go-ahead from the Economic Council, Oil Minister Kazem Vazir...
Gas Discovery at Lukah-1X Exploration Well
Indonesia >> 6/9/2006 - SPC is pleased to provide an update on the drilling of Lukah-1X exploration well ("Lukah-1X") in the Kakap Production Sharing Contract ("Kakap PSC"). Lukah-1X successfully tested natural gas and conde...
PTTEP and Ministry of Defence sign agreement to study petroleum potential in northern Thailand
Thailand >> 6/7/2006 - PTTEP and Ministry of Defence signed a Memorandum Of Understanding to study geological and geophysics data in northern Thailand. The study and evaluation of petroleum potential will be carried out in ...
Total Announces Oil Discovery in Dissoni Block
Cameroon >> 6/1/2006 - Total announces an oil discovery from the first exploration well drilled in the Dissoni Block in the offshore Rio del Rey basin in Cameroon. The government of Cameroon awarded the block to Total E& P ...
PA Resources Has Found a 31 Meters Thick Gas Zone In the Elyssa Field In Tunisia
Tunisia >> 6/1/2006 - PA Resources AB (publ) has received encouraging preliminary results from their drilling of the exploration/appraisal well Elyssa-3 on the Zarat field in Tunisia. The company has discovered additional ...
RWE Dea spuds first exploration well in Libya
Libya >> 5/29/2006 - RWE Dea AG is pleased to announce that it has commenced drilling operations in Libya, marking a further milestone in RWE Dea’s activities in North Africa. Drilling has commenced on exploration well A1...
NIOC to drill 4 exploration wells
Iran >> 5/29/2006 - National Iranian Oil Company is planning to drill four new exploration wells to prove existence of more oil and gas in the country. Director of NIOC’s Exploration Department noted that his department ...
Equator Announces Completion of Owanare 1
Nigeria >> 5/25/2006 - Peak Petroleum Industries Nigeria Ltd. and Equator Exploration Ltd. announced the discovery of gas in the exploratory 'Owanare 1' well, located on OML 122, offshore Nigeria. The OML 122 licence area i...
Petrobras reinforces its project portfolio in Angola
Angola >> 5/24/2006 - A Brazilian international energy company, makes public that Sonangol has announced a consortium formed by the companies Petrobras (30%, operator), Sinopec (40%), Sonangol (20%), Falcon Oil (5%) and Ge...
Eni Acquires Exploration Rights in the Timor Sea
Australia >> 5/24/2006 - Eni has been awarded petroleum exploration rights on five new exploration blocks (named A, B, C, E and H) in the Timor Sea. The blocks, awarded through an international bid by East Timor, are located ...
Emerald Provides Syria Operations Update
Syria >> 5/24/2006 - Emerald Energy Plc announced that The Souedieh North well in Block 26, Syria has been drilled to a depth of 7,298 feet. While drilling, the well encountered a series of live oil and gas shows. Wireli...
Kuwait buy shares in Borg El Arab field
Egypt >> 5/23/2006 - Kuwaity Energy and Kirti Oil have discussed with Eng. Sameh Fahmy the purchase of shares in Borg El Arab concession in the south of the western desert.

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