Exploration News

Oman: PDO agrees acreage for relinquishment
Oman >> 7/3/2005 - The shareholders of Petroleum Develop-ment Oman LLC (PDO) (Government of Oman -- 60 per cent, Shell -- 34 per cent, Total -- four per cent and Partex -- two per cent) have agreed with the government o...
First oil field discovered in the Nile Delta of Egypt
Egypt >> 7/2/2005 - The Egyptian ministry of petroleum, engineer Sameh Fahmy declared that Egypt has discovered its first oil field in the Northern Nile delta region with a capacity of 2000 barrels of Oil, in addition to...
Nigeria, Algeria Restate Cooperation On Petroleum
Nigeria >> 7/2/2005 - NIGERIA and Algeria have renewed their commitment to mutual economic cooperation in the areas of oil and gas exploration, production and export. Under the arrangement, Algeria will participate in Nige...
CNPC to Acquire Stake in Mauritania Exploration Block
Mauritania >> 7/2/2005 - China National Petroleum Corp has agreed to spend as much as US$8.6 million for a stake in an oil and gas exploration block near the coast of Mauritania. CNPC International, an overseas unit of CNPC, ...
Chinese Firm Starts Oil Operation in Iran's Masjed Soleyman
Iran >> 7/2/2005 - China National Petroleum Corporation started work on the first phase of a project for recovery and extraction of oil from 10 wells in southern Masjed Soleyman oilfield based on a buy-back contract sig...
Saudi Arabia: New Gas Field Discovered
Saudi Arabia >> 6/28/2005 - A new gas field, capable of pumping 40 million cubic feet of gas per day, has been discovered in an area about 95 km west of the eastern oil city of Dhahran. Petroleum and Mineral Resources Minister A...
Santos awarded Egyptian acreage
Egypt >> 6/27/2005 - Santos Limited (Santos) today announced that it has been awarded an exploration block in the Arab Republic of Egypt as part of a joint venture with affiliates of Devon Energy Corporation (Devon) and T...
Japan's Teikoku Oil secures exploration rights at Egyptian sites
Egypt >> 6/25/2005 - Teikoku Oil Co., a leading Japanese producer of natural gas and crude oil, has obtained exploration rights to two potential oil fields in Egypt, with official agreements with that nation's government ...
Angola Set to Reopen Kwanza Basin End 2005
Angola >> 6/25/2005 - Angola is set to reopen the onshore Kwanza oil basin to licensing rounds between end-2005 and early 2006, the head of the licensing and exploration department at the country's oil ministry said Wednes...
Videocon to develop 4 oil blocks in Jordan
Jordan >> 6/23/2005 - Videocon Industries Ltd. is set to sign a preliminary agreement for developing four oil fields in Jordan as part of its plans to invest in oil and gas assets overseas. While the Memorandum of Understa...
Oman: Mukhaizna crude pact aims at 150,000bpd by 2011
Oman >> 6/22/2005 - The Sultanate signed yesterday a production sharing agreement (and a joint operating agreement) for the development of the Mukhaizna field with Occidental Mukhaizna LLC, Liwa Energy Ltd, a subsidiary ...
Dangote, Zenon, Conoil Jostle for Oil Blocks , 75 blocks on offer, deadline extended
Nigeria >> 6/21/2005 - One hundred and sixty-five multi-national and local companies have picked up bid packages to seek allocation of 75 oil blocks by the Federal Government.Top indigenous companies including Alhaji Aliko ...
National Oil Company Sign Contracts With Three Companies to Explore for Oil
Liberia >> 6/19/2005 - Officials say the signing ceremony represents a giant step in Liberia's oil search, adding, "the contracts commits the three companies to a very rigorous work plan, which will accelerate further explo...
TransAtlantic Petroleum Corp. announces award of reconnaissance license in morocco
Morocco >> 6/18/2005 - TransAtlantic Petroleum Corp. (TSX:TNP.U) announces it has been awarded a reconnaissance license covering 13,750 sq. kilometers (about 3.4 million acres) in northeastern Morocco. This expansion of the...
IndianOil bags gas block in North Pars field
Iran >> 6/14/2005 - Iran has decided to award a block to the Indian Oil Corporation - Petropars consortium in the North Pars gas field for its 9 million tonne per annum (mtpa) integrated LNG project. IndianOil will be am...
Total Makes Fourth Oil Discovery in Angola’s Ultra-Deep Offshore Block 32
Angola >> 6/9/2005 - Sociedade Nacional de Combustveis de Angola (Sonangol EP) and Total announce a new oil discovery in the ultra-deep Angolan offshore with the fourth well drilled in Block 32.

Drilled in a wa...
IPR Discovers Significant Oil Find in the Western Desert of Egypt
Egypt >> 6/9/2005 - IPR, a USA Texas Independent, has made a significant new oil discovery in an underexplored frontier area of the Western Desert of Egypt, known as the El Diyur Concession, as reported through its opera...
Pioneer Offered Exploration Rights in Nigeria - Sao Tome and Principe Bid Round
Nigeria >> 6/4/2005 - DALLAS--(BUSINESS WIRE)-Pioneer Natural Resources Company (NYSE:PXD) confirmed today the announcement by the Nigeria - Sao Tome and Principe Joint Development Authority (JDA) that its subsidiary, Pion...
PTTEP Signs Technical Evaluation Agreement with Bahrain
Bahrain >> 5/28/2005 - PTT Exploration and Production Public Company Limited (PTTEP) will sign the Technical Evaluation Agreement to jointly carry out technical studies and evaluation for hydrocarbon potential in Block 1 & ...
Dana Acquires Exploration Rights Offshore Morocco
Morocco >> 5/26/2005 - Dana Petroleum is pleased to announce that it has acquired the rights of Global Resource Holdings, LLLP in respect of a 35% interest in a Reconnaissance Contract covering the NW Safi area offshore the...

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