Exploration News

India to Auction 55 Oil & Gas Exploration Blocks
India >> 1/17/2018 - India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country’s first licensing round after eight years, as it seeks to unlock its vast hydrocarbon resou...
Greece Gets Interest for New Offshore Oil and Gas Tenders
Greece >> 1/17/2018 - Tenders for offshore oil and gas exploration and exploitation west and south of Greece have attracted “strong interest” from companies exploring in the Mediterranean, the head of Greece’s oil and gas ...
Aker BP Awarded 23 Licenses in APA 2017
Norway >> 1/16/2018 - Aker BP has been offered interests in 23 new production licenses in Norway, of which 14 as operator, through the Awards in pre-defined areas (APA 2017) licensing round. ...
Norway's Lofoten Region to Remain Off-limits to Oil Firms
Norway >> 1/14/2018 - Norway’s Arctic region of Lofoten, Vesteraalen and Senja will remain off-limits to oil exploration at least until the next election for parliament, which is due in 2021, the government said. ...
Commencement of Flow-Testing of Podere Maiar well
Italy >> 1/12/2018 - Prospex Oil and Gas Plc, the AIM quoted investment company, has been advised by the operator Po Valley Energy Limited ('PVE') that isochronal flow testing operations on a rig-less basis have commenced...
Zenith Energy Signs Exclusivity Agreement for Production and Exploration Assets in Central Asia
Russia >> 1/12/2018 - Canadian company Zenith Energy, the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, has entered into an exclusivity agreement for the acqui...
26 Firms to Bid for Oil, Gas Blocks in Iraq's Border Areas
Iraq >> 1/12/2018 - The Iraqi oil ministry said 26 companies have qualified to bid for oil and gas blocks in border areas. Five companies qualified recently to take part in the bidding round, alongside 21 others already ...
Beach Energy Announces New Gas Field Discovery in the Otway Basin
Australia >> 1/11/2018 - Beach Energy has announced a new gas field discovery at Haselgrove-3 ST1 in the onshore Otway Basin, South Australia. Flow test results from the primary target Sawpit Sandstone indicate a high deliver...
BNK Petroleum Spuds Glenn 16-2H Well in the Tishomingo Field
United States >> 1/11/2018 - BNK Petroleum has begun drilling the Glenn 16-2H well in the Company’s Tishomingo field with Power Rig #7. The Company has a 100% working interest in the Glenn 16-2H, which is located directly south o...
Oman Awards Block 57 to Lebanon's Petroleb
Oman >> 1/10/2018 - The Ministry of Oil and Gas has awarded oil concession block 57 to Lebanon-based company Petroleb SAL. The ministry signed an exploration and production-sharing agreement with the Lebanese firm for de...
Norway's Government Wins Arctic Oil Lawsuit, Greens Lose
Norway >> 1/4/2018 - An Oslo court approved Norway’s plans for more oil exploration in the Arctic on Thursday, dismissing a lawsuit by environmentalists who had said it violated people’s right to a healthy environment. ...
Secretary Zinke Announces Plan for Unleashing America's Offshore O & G Potential
United States >> 1/4/2018 - U.S. Secretary of the Interior Ryan Zinke announced the next step for responsibly developing the National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program) for 2019-2024, whic...
Indonesian Oil, Gas Blocks Attract Bids in 2017
Indonesia >> 12/29/2017 - Indonesia received bids from several foreign companies for exploration in five oil and gas blocks in 2017, the deputy energy minister said, marking an uptick in interest for the resource-rich nation c...
Rosneft has Spudded the First Ultra-Deepwater Exploration Well in
Russia >> 12/20/2017 - Rosneft has spudded the Maria-1 exploration well offshore in the Black Sea. Forecasted oil in place for Zapadno-Chernomorskaya licence area is estimated to exceed 570 million tons. Drilling prepara...
W&T Offshore's South Timbalier ST 224-1 in the Gulf of Mexico Disappoints
United States >> 12/15/2017 - Otto Energy Limited provides the following update on the drilling of the ST 224 #1 exploration well, offshore Gulf of Mexico which has been drilled to a total measured depth of 10,900 feet (3,322 metr...
ExxonMobil Makes New Oil Find in Equatorial Guinea Block EG-06
Equatorial Guinea >> 12/11/2017 - ExxonMobil has struck oil with its Avestruz-1 well in Block EG-06, announced the Ministry of Mines and Hydrocarbons of Equatorial Guinea. The well was drilled in October 2017. The operator is now asse...
SDX Found Gas Discovery at KSR-16 Well, Onshore Morocco
Morocco >> 12/11/2017 - SDX Energy Inc, the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-16 development well on the Sebou permit in Morocco (SDX 75% Working I...
CNOOC Announces New Gas Discovery in Bohai Bay
China >> 12/10/2017 - China's CNOOC Limited has announced that the Company has recently made a mid-sized natural gas field discovery Bozhong 19-6 in Bohai Bay. Bozhong 19-6 trap is located in the southwest sag of Bozhong s...
Mexico Oil Regulator Cancels Deep Water Pemex Tie-up Auction
Mexico >> 12/8/2017 - Mexico’s oil regulator on Thursday canceled a tender for a joint venture with state oil firm Pemex in the deep water Maximino-Nobilis area, as no company expressed interest in the auction. ...
Gazprom Neft Supporting Ntv Project “Oil: From Well To Pump – Myths And Realities”
Russia >> 12/8/2017 - Gazprom Neft has been supporting TV channel NTV in producing a documentary film “Oil: from Well to Pump — Myths and Realities”, with the company giving the channel’s film crew unprecedented access to ...

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