Exploration News for Europe & Russia


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Arctic Oil Promise Keeps Norway's Disappointed Wildcatters Going
Monday, October 16, 2017 It's been a bad year for oil explorers in Norway's Arctic, but companies aren't about to give up.

WoodMackenzie: Norway Remains Among World's Top 10 Places To Discover Oil
Thursday, October 12, 2017 Norway remains among the top 10 places to find oil worldwide, consultancy firm Wood Mackenzie says.

Large Dutch Gas Find Could Be Even Bigger After Positive Drilling Results
Wednesday, September 27, 2017 A large gas discovery in the Dutch North Sea could be even bigger after an exploration drill beat expectations.

Aker BP Plans To Drill 6-8 Exploration Wells In 2018
Wednesday, September 13, 2017 Aker BP plans to drill between six and eight exploration wells off Norway next year, including four in the Barents Sea.

Energean Gets Approval To Develop Field Offshore Greece
Friday, September 08, 2017 Energean says it secured approval to develop the Kataloko field in Western Greece, its third such project in the eastern Mediterranean.

France Plans to End Oil Output by 2040 With Exploration Ban
Wednesday, September 06, 2017 France will stop granting new exploration permits next year as it seeks to end all oil and gas production by 2040, according to a draft bill presented at a cabinet meeting.

Norway Receives More Bidders For Mature Areas Oil Licensing Round
Wednesday, September 06, 2017 Norway's licensing round to explore for oil and gas in mature offshore areas attracted bids from 39 companies.

Norway's Arctic Oil Ambitions Suffer As Most Promising Well Yields None
Tuesday, August 29, 2017 Norway's hope of discovering a large oilfield in the Barents Sea has suffered a major setback.

Big Oil's Dream of $65 Billion Hidden Off Norway Is Fading Away
Monday, August 07, 2017 The oil industry has been salivating for years over Norway's Arctic Lofoten islands, which could hold billions of barrels of crude. It will likely have to keep dreaming.

Statoil Scales Down Exploration Plans For 2017
Thursday, July 27, 2017 Statoil has reduced its exploration ambitions for 2017 and will drill around 30 wells.

US Said to Stymie Japan's Plan to Explore for Russian Oil
Friday, July 14, 2017 A Japanese group's plans to explore for Russian oil with Rosneft PJSC have been stymied by US intervention over sanctions, according to people.

Repsol, Gazprom Neft in Collaboration Deal
Monday, July 10, 2017 The Chief Executive Officers of Repsol and Gazprom Neft, Josu Jon Imaz and Alexander Dyukov, sign a memorandum of understanding to increase collaboration between both companies in West Siberia.

Eni Makes New Discovery in Barents Sea
Monday, July 03, 2017 Italian energy company Eni makes a new discovery in the PL532 license, southwest of the Johan Castberg field.

Most Admired Explorer Revealed
Thursday, June 29, 2017 Who has secured the title of most admired explorer?

Greece Approves Offshore Applications by Total-ExxonMobil, Energean
Friday, June 23, 2017 Greece approved applications submitted by a consortium of Total, ExxonMobil and Hellenic Petroleum, its energy ministry said.

Faroe Islands Looks To Restart Hunt For Oil And Gas
Wednesday, June 21, 2017 Oil companies are interested in restarting the hunt for oil and gas in the scarcely explored seas off the Faroe Islands.

Norway Offers Record Number Of Blocks For Arctic Oil Exploration
Wednesday, June 21, 2017 Norway offers a record number of blocks for oil and gas exploration in the Arctic Barents Sea.

Rosneft Discovers Hydrocarbons on Eastern Arctic Shelf
Monday, June 19, 2017 Rosneft discoveres hydrocarbon deposits on the Eastern Arctic shelf.

OGA Announces Measures to Stimulate UKCS Interest
Monday, June 19, 2017 The Oil and Gas Authority (OGA) announces a number of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS).

UK Oil & Gas Investments Progresses UK Exploration Well
Friday, June 16, 2017 UK Oil & Gas Investments plc progresses its Broadford Bridge-1 (BB-1) exploration well in the UK.

Faroe Petroleum Hits Oil in Norwegian North Sea
Tuesday, June 13, 2017 Independent oil and gas company Faroe Petroleum hits oil in a 'sand rich reservoir of very good quality' in the Norwegian North Sea.

NPD Grants Statoil Drilling Permit for Wildcat Well
Wednesday, June 07, 2017 The Norwegian Petroleum Directorate grants Statoil Petroleum AS a drilling permit for well 7219/9-2.

Total JV Looks to Explore Offshore Crete
Thursday, June 01, 2017 The joint venture of Total, ExxonMobil and Hellenic Petroleum wants to explore for hydrocarbons offshore Crete.

Energean Signs Lease Agreement for Exploration Onshore Greece
Thursday, May 25, 2017 Energean Oil & Gas signs a Lease Agreement with the Greek government for the exploration and exploitation of hydrocarbons at the Aitoloakarnania block, onshore Western Greece.

Repsol Comes Up Dry in Norwegian Sea Wildcat Well
Friday, May 12, 2017 Repsol Norge AS, operator of production license 705, has come up dry in the drilling of wildcat well 6705/7-1, located in the northern part of the Norwegian Sea.

Undiscovered Oil, Gas Resources in Barents Sea Double
Tuesday, April 25, 2017 The undiscovered oil and gas resources in the Barents Sea are twice as large as previously assumed, according to the Norwegian Petroleum Directorate's new calculations.

Norway's Statoil Plays Down Risks Ahead Of Arctic Drilling
Monday, April 24, 2017 Statoil plays down concerns that drilling in the Arctic is risky, days before it kickstarts its drilling campaign in the Barents Sea.

Statoil Receives Consent to Drill Well in Barents Sea
Friday, April 21, 2017 Statoil ASA receives consent to drill an exploration well in block 7219 in the Barents Sea, Petroleum Safety Authority Norway has announced.

France's Total Extends British Shale Gas Involvement
Tuesday, April 04, 2017 Total has extended an option with British shale gas developer Egdon Resources to buy a stake in one of Egdon's shale gas licences, the companies said.

Russian Oil Firm Rosneft To Start Barents Sea Drilling In 2018
Monday, April 03, 2017 Rosneft plans to start drilling in the Barents Sea in 2018, chief executive Igor Sechin tells President Vladimir Putin via video-link.

Britain's Igas Wins Approval For Shale Gas Exploration
Wednesday, March 22, 2017 Britain's IGas has won planning consent from Nottinghamshire County Council to develop a shale gas well site and drill an exploratory well at Tinker Lane.

Oil Minister: Up To 12 Oil And Gas Projects Possible In Norway This Year
Thursday, March 16, 2017 Up to 12 oil and gas projects off Norway could be sanctioned by oil companies this year, the Norwegian oil and energy minister says.

EU Lawmakers Reject Call For Ban On Arctic Oil Exploration
Thursday, March 16, 2017 The European Parliament rejected a call to ban Arctic oil and gas exploration.

Montenegro Signs 30-Year Oil Licensing Deal With Greek Producer
Wednesday, March 15, 2017 Montenegro awarded Greece's sole oil producer Energean Oil & Gas a 30-year oil and gas exploration licences in two offshore blocks in the Adriatic sea.

Norway Proposes Record Number Of Barents Oil Exploration Blocks
Monday, March 13, 2017 Norway announced preliminary plans to nominate a record number of blocks for oil and gas exploration in the Barents Sea.

Statoil Makes Gas Find Offshore Norway
Friday, March 10, 2017 Statoil Petroleum AS makes a gas discovery through wildcat well 6507/3-12 and appraisal well 6507/3-12 A offshore Norway.

INEOS Increases UK Shale License Acreage
Thursday, March 09, 2017 INEOS Shale, the onshore division of INEOS Upstream, completes the acquisition of the entire UK onshore petroleum exploration and development license interests of ENGIE E&P UK Limited.

Sound Energy: Badile Exploration Well Drilling Commences
Wednesday, March 08, 2017 Sound Energy confirms that the drilling of the Badile exploration well, onshore Italy, has commenced.

PSA Grants Repsol Consent to Drill Stordal Prospect
Friday, March 03, 2017 Petroleum Safety Authority Norway grants Repsol Norge AS consent to drill exploration well 6705/7-1 in a prospect named Stordal.

NPD Grants Statoil Appraisal Well Drilling Permit
Wednesday, March 01, 2017 The Norwegian Petroleum Directorate grants Statoil Petroleum AS a drilling permit for appraisal well 6507/3-12 A, located in production license 159B.

Lundin Norway Makes Oil, Gas Find in Barents Sea
Friday, February 24, 2017 Lundin Norway AS, operator of production license 533, has made an oil and gas discovery in the Barents Sea, the Norwegian Petroleum Directorate announces.

Gazpromneft-Sakhalin: Ayashsky License Drilling Work to be Done in Summer
Wednesday, February 22, 2017 Gazpromneft-Sakhalin expects all drilling work on a prospecting and appraisal well at the Ayashsky license block to be completed during summer this year.

Study Gives New Hope for Rockall Area Exploration
Monday, February 20, 2017 A geological analysis of the Rockall area of the North Atlantic reveals previously unknown insights that could lead to new oil and gas discoveries in the UK Continental Shelf (UKCS).

Pennine Petroleum Signs Velca Block PSA
Wednesday, February 15, 2017 Albania and Canada focused Pennine Petroleum Corporation signs a Production Sharing Agreement (PSA) with Albpetrol Sh.A for the exploration and development of the Velca Block in Albania.

Lundin Norway Makes Filicudi Oil, Gas Discovery
Monday, February 13, 2017 Lundin Norway AS has made an oil and gas discovery on the Filicudi prospect at well 7219/12-1, located in PL533 in the southern Barents Sea.

MOL Group Acquires New Licenses in Hungary
Tuesday, February 07, 2017 MOL Group expands its exploration portfolio by acquiring new licenses in Hungary.

OGA Awards 2 Contracts as part of 21CXRM Initiative
Monday, February 06, 2017 As part of the 21st Century Exploration Road Map initiative (21CXRM), the Oil and Gas Authority has awarded 2 contracts for petroleum system related studies for the East Shetland Platform and West Approaches area.

Angus Energy Discovers Hydrocarbons at Onshore UK Well
Thursday, January 26, 2017 Angus Energy plc says hydrocarbons have been encountered in all targeted zones at the onshore UK Brockham oil field.

NPD Grants Lundin Permit for Appraisal Well Offshore Norway
Friday, January 20, 2017 The Norwegian Petroleum Directorate grants Lundin Norway AS a drilling permit for well 7219/12-1 A, located offshore Norway in production license 533.

Statoil Granted Drilling Permit for Well 6507/3-12 Offshore Norway
Wednesday, January 18, 2017 The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 6507/3-12, located in production license 159B, offshore Norway.

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