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Energean: Montenegro In 'Sweet Spot' Of Untapped Adriatic O&G Potential
Thursday, October 19, 2017 Two blocks offshore Montenegro awarded to Greece's Energean Oil & Gas are estimated to have 1.8 trillion cubic feet of recoverable natural gas reserves, Energean says.
African Petroleum Seeks Arbitration Over Gambia Oil Dispute
Wednesday, October 18, 2017 African Petroleum Corp has begun arbitration proceedings over Gambia's decision to strip the company of its rights to explore for oil in two offshore areas.
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.
Bids On Lebanon Offshore Energy Blocks Close
Thursday, October 12, 2017 Lebanon's Energy Minister Cesar Abi Khalil says a tender has closed on a first round of offshore energy blocks.
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.
BP, Azerbaijan's SOCAR To Sign Caspian Sea Exploration Deal In 2017
Thursday, October 12, 2017 SOCAR plans to sign a production-sharing agreement with BP to jointly explore prospects in a new block.
Tullow Oil Signs Exploration Contracts Offshore Ivory Coast
Wednesday, October 11, 2017 Tullow Oil has signed four production-sharing contracts in Ivory Coast with an initial investment of $21 million.
Oil Official: Iran's Azadegan Oilfield Tender Delayed To 2018
Tuesday, October 10, 2017 A tender for developing Iran's Azadegan oilfield has been delayed again, a senior Iranian oil official says.
Nigeria's Oranto Petroleum Signs Uganda Oil Exploration Deal
Tuesday, October 10, 2017 Nigeria's Oranto Petroleum has signed two production sharing agreements with Uganda to explore for oil and gas around Lake Albert.
Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan
Friday, October 06, 2017 The new terms will allow producers to be paid in oil and enable them to export or sell the barrels to local refineries, said Carlos Perez at a conference at Rice University in Houston on Friday.
US Oil Drillers Cut Rigs for 4th Week in Five -Baker Hughes
Friday, October 06, 2017 The oil rig count fell by two to 748 in the week to Oct. 6, General Electric Co's Baker Hughes energy services firm said.
Eni Bets Big on Zohr Explorer Finding New Treasure
Friday, October 06, 2017 The Zohr field off Egypt sits in an area that Royal Dutch Shell pored over for years.
Argentina Plans Auction for Offshore Oil Exploration Next Year
Thursday, October 05, 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.
ExxonMobil 'Puts Guyana on the Map' with Discovery
Thursday, October 05, 2017 Could ExxonMobil attain 2 billion-barrel oil reserves mark offshore Guyana?
Brazil Regulator Allows Petrobras To Source Libra Rig Hull From Abroad
Wednesday, October 04, 2017 ANP approves a request by the consortium exploring the potentially oil-rich Libra area.
Private Oil Made a Big Find in Mexico. Now State Oil Wants a Cut
Wednesday, October 04, 2017 The rush of enthusiasm that followed the July find has turned into a nervous wait.
Cheap Option to the Oil Sands Emerges as Hot Play in Canada
Wednesday, October 04, 2017 There's a land grab quietly taking place in a little-known corner of the Canadian oil sands.
BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters
Monday, October 02, 2017 BHP Billiton is getting closer to drilling its first oil wells in Mexico's deep waters.
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.
Regulator: Duvernay Field Holds Canada's Biggest Shale Oil Resources
Tuesday, September 26, 2017 The Duvernay field in Canada's western province of Alberta holds the country's largest marketable resources of unconventional light shale oil and condensate, according to a new report.
Total Makes Foray Into Exxon's Exploration Hotbed Offshore Guyana
Tuesday, September 26, 2017 Total has agreed to pay $1 million for an option to buy a 25% stake in an oil exploration block offshore Guyana.
Sources: India ONGC Strikes 'Good' Offshore Oil, Gas Find
Wednesday, September 20, 2017 ONGC's latest discovery is estimated to hold in-place reserves of about 20 million tonnes.
Sources: Chevron Drills Oil Well In Iraqi Kurdish Area After Two-Year Gap
Wednesday, September 20, 2017 Chevron drilled its first exploration well this month in Iraqi Kurdistan after a two-year break, industry sources say.
China's CNOOC Begins Oil Partner Hunt in Mexico Deep Waters
Friday, September 15, 2017 CNOOC is searching for partners to develop oil prospects deep into the Gulf of Mexico as the Chinese giant extends its global reach.
Uganda Signs Oil Exploration Deal With Australia's Armour Energy
Thursday, September 14, 2017 Uganda signs an oil exploration deal with Australia's Armour Energy Limited.
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.
India To Acquire Seismic Data Of 48,000 Line kms To Boost Oil, Gas Output
Tuesday, September 12, 2017 India aims to acquire seismic data of 48,243 line kilometers in 5 years as the world's third biggest oil consumer seeks to boost its output by offering more areas for exploration, the government says.
Fifteen Oil Majors Interested In Brazil's Round 3 Pre-Salt Auction
Monday, September 11, 2017 Fifteen companies have pre-registered for Brazil's third auction of oil exploration rights in the pre-salt area.
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.
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.
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.
US Drillers Add No Oil Rigs as Harvey Slows Production - Baker Hughes
Friday, September 01, 2017 The total oil rig count for the week ended Friday stayed at 759, General Electric Co's Baker Hughes energy services firm said.
Drilling of Well at Fogelberg Gas Discovery to Start in Feb/March -Centrica
Friday, September 01, 2017 Norwegian company Island Drilling has won the drilling contract, Centrica said.
Saudi Aramco Uses New Technology To Re-Explore Vast Empty Quarter
Thursday, August 31, 2017 Saudi Aramco is using new technology to re-explore areas of the vast Arabian desert known as the Empty Quarter.
Brazil Regulator Rejects Total Study On Drilling At Amazon River Basin
Tuesday, August 29, 2017 Brazil's environmental regulator Ibama says it has rejected Total's environmental study on drilling in the Foz do Amazonas basin.
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.
CNPC, Guangdong Sign Strategic Deal On S. China Sea Methane Hydrate
Monday, August 28, 2017 CNPC said the trial prospecting of the deep-sea gas resource, also known as 'flammable ice', will be in the Shenhu area of the South China Sea.
Statoil, YPF To Explore Shale Oil, Gas In Argentina
Friday, August 25, 2017 Statoil signs a deal with YPF to jointly explore for onshore shale oil and gas resources in the Vaca Muerta formation.
Cambodia, KrisEnergy Sign Deal To Develop Offshore Oil Field
Wednesday, August 23, 2017 Cambodia signs an agreement with Singapore-listed KrisEnergy Ltd to develop an offshore oil field.
Report: Petrobras, Brazil Dispute Transfer Of Rights Worth $30B
Friday, August 18, 2017 Brazil's government and Petrobras are locked in a dispute over the value of offshore oil blocks involving an estimated $30 billion.
Local Media: Local Firm Wins Shale Gas Block Auction In China's Guizhou
Friday, August 18, 2017 A local firm on Friday won the right to explore and develop a shale gas block in the southwestern Chinese province.
Governor Urges Trump To Drop Virginia From Offshore Drilling Plan
Thursday, August 17, 2017 Virginia Governor Terry McAuliffe urged the Trump administration to exclude his state from a federal offshore oil and gas drilling plan.
Oil Producers Signal Offshore Return In Latest Gulf Of Mexico Auction
Wednesday, August 16, 2017 Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million, a nearly seven-fold increase from a year ago.
China To Develop New Shale Gas Fields, Plans Guizhou Auction This Week
Tuesday, August 15, 2017 China plans to develop two new shale gas fields in the south of the country and open up tenders for more oil and gas exploration blocks, the Ministry of Land Resources says.
Britain's Tullow Launches Oil, Gas Exploration In Zambia
Friday, August 11, 2017 Tullow Oil starts exploring for oil and gas in Zambia.
Exploration Chief: Mexico's Pemex Seeks Oil Projects In Americas
Wednesday, August 09, 2017 Pemex is looking for oil projects in the United States, Brazil, Colombia and Argentina to keep up output after an energy reform.
No-Name US Oil Driller Gets Shot at World's Top Reserves
Wednesday, August 09, 2017 'It's very unorthodox to see a small player like Horizontal Well Drillers pop up on a project this size,' said Luke Lemoine, an energy analyst at Capital One Securities Inc.
From a Little-Known Shale Play in New Mexico, BP Gets a Gusher
Monday, August 07, 2017 BP may have just found a gem in a largely ignored corner of New Mexico.
Greece Launches New Offshore Oil And Gas Tenders
Monday, August 07, 2017 Greece launches two tenders for offshore oil and gas exploration and exploitation in the west and south of the country, the energy ministry says.
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.