News Categories: Exploration News

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Faroe to Drill 3 Exploration Wells in 2016 despite Oil Price
Friday, February 05, 2016 Junior oil firm Faroe Petroleum will be involved in three exploration wells offshore Norway in spite of the low oil price.

Sources: Total-Led Consortium Bids for Greek Offshore Gas Drilling Block
Friday, February 05, 2016 France’s Total, along with Hellenic Petroleum and Edison, bid for one offshore gas block in the west of Greece.

OGDCL: Oil, Gas Discovered at Nashpa X-5 Well in Pakistan
Thursday, February 04, 2016 Crude oil and gas has been discovered at the Nashpa X-5 exploration well, located in Pakistan's Karak District.

Aberdeen University Gets OGIC Funding for Rock Mechanics Kit
Thursday, February 04, 2016 Funding from Scotland's Oil and Gas Innovation Centre secures $735,000 of rock mechanics equipment for Aberdeen University.

DMP Approves OBL's Plan to Vary the Work Program for Derby Block in WA
Wednesday, February 03, 2016 Western Australia's Department of Mines and Petroleum approves a variation in Oil Basins Limited's Work Program for the Derby Block.


Petro Matad, BG Delay Mongolia Drilling
Wednesday, February 03, 2016 Petro Matad Limited and BG Group delay their drilling program in Mongolia's Block V.

Pakistan to Explore for Shale Gas, OGDCL and PPL to Undertake Pilot Project
Wednesday, February 03, 2016 Pakistan hopes to tap potential shale gas resources in the country, with two oil and gas companies tasked to carry out a pilot exploration project.

Cue Finds Oil at Naga Selatan-2 Well in East Kalimantan's Mahakam Hilir PSC
Wednesday, February 03, 2016 Cue Energy finds oil at the Naga Selatan-2 well in the Mahakam Hilir Production Sharing Contract in Kutai Basin, East Kalimantan, Indonesia.

CGG Awarded Colombian 3D Seismic Survey Extension
Wednesday, February 03, 2016 CGG receives an extension to a 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia late last year.

Minister: Greece to Decide on Three Gas Exploration Licences Soon
Tuesday, February 02, 2016 Greece will decide soon on the award of three onshore natural gas exploration licenses in the west of the country, according to the country's energy minister.

Lundin Farms Out Stakes in 3 PSCs Offshore Malaysia to DYAS
Tuesday, February 02, 2016 Lundin Petroleum farms out stakes in three production sharing contracts offshore Malaysia to subsidiaries of Dutch-based DYAS.

SKK Migas Extends Sumatra's Rengat PSC Exploration Period to November 2019
Monday, February 01, 2016 NuEnergy reveals that upstream regulator SKK Migas has extended the exploration period for the Rengat Production Sharing Contract in Sumatra, Indonesia to November 2019.

Sasol to Start Drilling in New Mozambique Oil and Gas Fields
Monday, February 01, 2016 South Africa's Sasol receives the green light by Mozambique to develop more oil and gas fields in the southern African state, the company said on Monday, without disclosing how much the project will cost.

NOPTA Approves Suspension of Year 2 Work Program for PEP 11 Off Australia
Friday, January 29, 2016 The National Offshore Petroleum Titles Administrator approves Advent Energy's suspension of the Year 2 work program for PEP 11, located in the offshore Sydney Basin, Australia.

Sterling Withdraws from Mauritania Block
Friday, January 29, 2016 Sterling Energy Mauritania Limited submits a notice of withdrawal to its joint venture partners in relation to Block C-3, offshore Mauritania.

Lundin Spuds Maligan Prospect in Block SB307/SB308 Off East Malaysia
Friday, January 29, 2016 Lundin spuds the Maligan prospect in Block SB307/SB308 offshore East Malaysia using the jackup West Prospero.

Holloman and JV to Continue Exploration of PELs 112, 444 in Cooper Basin
Friday, January 29, 2016 Holloman Energy and its partners plan to continue exploration work in Australia's Petroleum Exploration Licenses 112 and 444 in South Australia's Cooper Basin.

Global Petroleum Looking to Acquire New Projects, Remains 'Selective'
Friday, January 29, 2016 Global Petroleum Limited is interested in investing in new projects, although the company has admitted that it will be "extremely selective" in choosing such ventures.

Large Cretaceous Structure Confirmed Offshore Ireland
Friday, January 29, 2016 Capricorn Ireland confirmed the presence of a large-base Cretaceous structural closure off the west coast of Ireland.

Australia's Red Emperor Updates on its Philippines, Georgia Assets
Friday, January 29, 2016 Australia's Red Emperor Resources updates on developments at its upstream assets in the Philippines and Georgia.

Total Plans Exploration Well in UK North Sea
Thursday, January 28, 2016 French oil major Total plans to drill an exploration well at its Sween site in the British part of the North Sea, expanding near its existing infrastructure in defiance of weak oil prices.

Carnarvon Secures 35% Stake in Retention License TR/3 Offshore WA
Thursday, January 28, 2016 Carnarvon Petroleum secures a 35 percent interest in retention license TR/3 offshore Western Australia.

UKOG Triples Resource Base
Thursday, January 28, 2016 UK Oil & Gas Investments plc triples its resource base following a volumetric analysis carried out by Xodus Group Ltd.

Kosmos Energy Makes 'Significant' Gas Find Offshore Senegal
Wednesday, January 27, 2016 The Guembeul-1 exploration well, located in the northern part of the St. Louis offshore profond license area in Senegal, has made a "significant" gas discovery.

Union Jack Oil Farms into PEDL209 License, Onshore UK
Tuesday, January 26, 2016 Junior explorer Union Jack Oil enters into an agreement with Egdon Resources to farm into the conventional prospects of the onshore PEDL209 license.

Sound Energy to Acquire Additional Sidi Moktar Interest
Tuesday, January 26, 2016 Sound Energy reaches an agreement with PetroMaroc to acquire 50% of PetroMaroc's operated interest in three onshore gas permits located in Morocco.

SapuraKencana Cancels Deal to Acquire 3 Blocks Offshore Vietnam for $400M
Monday, January 25, 2016 Malaysia's SapuraKencana Petroleum cancels deal to acquire three offshore Vietnamese oil and gas blocks from PETRONAS Carigali for $400 million.

Lundin Finds Oil Offshore Malaysia, Spuds North Sea Well
Monday, January 25, 2016 Lundin discovers oil offshore Malaysia and spuds another well in the North Sea.


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