Exploration News

Significant Reset of Putumayo-14 Contract
Colombia >> 10/11/2017 - Gulfsands Petroleum plc (GPX), the oil and gas company with activities in Syria, Colombia and Morocco, is pleased to announce a significant reset of its Putumayo-14 Licence (PUT-14 Licence) in Colombi...
South Sudan Oil Conference Fails to Draw Biggest Energy Firms
South Sudan >> 10/11/2017 - South Sudan’s president was a no-show for the nation’s first international oil conference, a gathering that also failed to attract prospective investors from the biggest global energy companies. The t...
Melbana Commits to Second Sub-Period Exploration Program for Block 9
Cuba >> 10/11/2017 - Melbana Energy Limited (Melbana) has provided official notification to Cuban regulatory authorities of its commitment to the second exploration sub-period for Block 9. The Block 9 Exploration Period i...
Total to Study Deep & Ultra Deep Areas in Guinea Conakry
Guinea >> 10/9/2017 - Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry, covering approx...
Anadarko to Invest $200 Million in Peruvian Oil Area
Peru >> 10/9/2017 - U.S.-based Anadarko Petroleum will invest some $200 million to develop an offshore oil area near Peru’s northern coast, Peruvian President Pedro Pablo Kuczynski said.

Kuczynski and company...
Statoil Oil Discovery in Verbier Sidetrack on UKCS
United Kingdom >> 10/9/2017 - Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving a minimum of 25 million recoverable barrels of oil in the im...
Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan
Ecuador >> 10/6/2017 - Ecuador will offer oil exploration and production blocks in January under new contract terms that it expects will attract more interest and allow the OPEC-member country to compete with its neighbors ...
Gazprom & FASIE to Support Promising Projects of Small Businesses
Russia >> 10/6/2017 - Oleg Aksyutin, Member of the Management Committee, Head of Department of Gazprom, and Sergey Polyakov, Director General of the Foundation for Assistance to Small Innovative Enterprises (FASIE), today ...
SDX Found Oil Discovery at Rabul 2 Well
SDX Found Oil Discovery at Rabul 2 Well Egypt >> 10/5/2017 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made by the Rabul 2 Well in the West Gharib Concession in Egypt (SDX 50% Working In...
Argentina Plans Auction for Offshore Oil Exploration Next Year
Argentina >> 10/5/2017 - Argentina plans to auction offshore oil and gas exploration rights next year, in the hope of developing fields off its Atlantic coast like those in neighboring Brazil, the energy minister said. ...
Gazprom Neft Discovers New Offshore Field in Okhotsk Sea
Russia >> 10/4/2017 - Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft (the “Company”), has completed drilling of a prospecting and appraisal well at its Ayashsky licence block, located on the continental shelf of the Ok...
Cue Energy Extends BP's Option to Farm into Ironbark Well
Australia >> 10/4/2017 - Cue Energy Resources Ltd advises that the equity option over exploration permit WA-359-P granted to BP Developments Australia Pty Ltd (BP), as announced on the 13th October 2016 and due to expire on t...
Mexico's Election Next Year Poses No Risk for Oil Contracts
Mexico >> 9/29/2017 - Presidential elections in Mexico next year pose no risk to already-signed oil contracts, the sector’s top regulator said, despite the current frontrunner’s pledge to review them. ...
Mexico Launches First Auction of Round Three
Mexico >> 9/28/2017 - Round 3.1 comprises 35 contractual exploration and extraction areas in shallow waters of the Gulf of Mexico, to be developed through Shared Production Contracts. The technical and financial elements o...
Hansa Hydrocarbons Confirms an Important Discovery on Gems Licences
Netherlands/Holland >> 9/26/2017 - Hansa Hydrocarbons Limited (Hansa) is pleased to announce that the N05-1 exploration well drilled offshore Netherlands on its GEms licences, has been confirmed as a significant discovery encountering ...
Companies Qualified for Round 2 and Round 3 in Brazil
Brazil >> 9/26/2017 - The Special Bidding Commission (CEL) analyzed the requests of companies that expressed interest and requested qualification in the 2 nd and 3 rd Round of the Pre-salt. ...
ESWT Program in Ghana Unaffected by Maritime Boundary Decision
Ghana >> 9/26/2017 - Erin Energy Corporation (Erin Energy) announced that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg issued its final judgement with regard to the maritime b...
OGA Welcomes Further Government Support for Exploration
United Kingdom >> 9/25/2017 - The Oil and Gas Authority (OGA) has welcomed the government’s announcement of a further £5 million for exploration, made during the Chancellor of the Exchequer, Philip Hammond’s visit to Aberdeen toda...
Petrobras eying for oil in Iran’s share of Caspian Sea
Iran >> 9/23/2017 - Brazil has voiced interest in looking for hydrocarbon reserves in the Iranian share of the Caspian Sea. This was announced by Brazil’s Ambassador to Tehran Rodrigo de Azeredo Santos in a meeting with ...
Total Signs Agreement with Chevron on Exploration in GOM
United States >> 9/22/2017 - Total announces that its subsidiary, TOTAL E&P USA, INC. has entered into an agreement to capture 7 prospects operated by CHEVRON U.S.A. INC. (“Chevron”) in the deepwater Gulf of Mexico. The agreement...

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