Exploration News for Europe & Russia


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Norway's Aker BP Misses Q2 Forecasts, Ups Exploration Spending
Friday, July 13, 2018 Aker BP will increase its exploration spending plan this year due to new prospects off Norway, the oil firm says.

PSAN Grants Equinor Consent for Barents Sea Exploration Drilling
Tuesday, July 10, 2018 Petroleum Safety Authority Norway (PSAN) gives Equinor its consent for exploration drilling in block 7132/2 in the Barents Sea.

NPD Grants Lundin Norway Drilling Permit for Wildcat Offshore Norway
Tuesday, July 03, 2018 The Norwegian Petroleum Directorate grants Lundin Norway AS a drilling permit for well 6307/1-1 S, located in production license 830 offshore Norway.

Galp To Start Drilling Exploration Well Offshore Portugal
Monday, July 02, 2018 Galp Energia is set to start drilling the country's first deep water offshore exploration well.

NPD Grants Equinor Drilling Permit for Wells Offshore Norway
Thursday, June 28, 2018 The Norwegian Petroleum Directorate grants Equinor Energy AS a drilling permit for wells 6608/10-18, 6608/10-18 A and 6608/10-18 B, located in production license 128 D offshore Norway.

NPD: There Is a Lot of Remaining Oil, Gas on the Norwegian Shelf
Friday, June 22, 2018 There is a lot of remaining oil and gas on the Norwegian Continental Shelf, according to the Norwegian Petroleum Directorate.

Equinor Receives PSAN Consent to Drill Barents Sea Well
Friday, June 22, 2018 Equinor Energy AS receives Petroleum Safety Authority Norway's consent for the exploration drilling of well 7324/3-1 in the Barents Sea.

Norway Awards Oil Permits To 11 Firms In Arctic Licensing Round
Monday, June 18, 2018 Oslo believes the Arctic has the greatest potential for significant new discoveries.

Equinor Gets Green Light to Drill Norwegian Sea Well
Thursday, June 07, 2018 Petroleum Safety Authority Norway gives its consent for Equinor to drill exploration well 6406/2-9 S, in block 6406/2, in the Norwegian Sea.

Size of FEL 3/13 'Prize' Nearly Doubles
Tuesday, June 05, 2018 Europa Oil & Gas (Holdings) plc announces the near doubling of its estimate of gross mean un-risked prospective resources on FEL 3/13 in the South Porcupine Basin.

Shell Granted PSAN Consent to Drill North Sea Well
Friday, June 01, 2018 A/S Norske Shell receives consent from Petroleum Safety Authority Norway for the exploration drilling of well 34/5-2 S, located in production license 373 S in the North Sea.

Aker BP Makes Minor Gas Discovery Offshore Norway
Wednesday, May 30, 2018 Aker BP ASA, operator of production license 659, makes a minor gas discovery at wildcat well 7221/12-1.

Norway's Oil Exploration Rises More Than Expected -Regulator
Tuesday, May 29, 2018 Oil companies in Norway are raising their exploration spending more than expected, the head of the country's industry regulator tells Reuters.

Faroe Expects Brasse East Well to be Drilled in 2H 2018
Wednesday, May 23, 2018 Faroe Petroleum expects the Brasse East well to be drilled in the second half of 2018.

Norway Launches New Licensing Round In Mature Offshore Oil And Gas Areas
Wednesday, May 09, 2018 Norway will hold a new licensing round for its offshore oil and gas fields in already opened areas.

Rystad Energy: 100 Offshore Projects to be Sanctioned in 2018
Thursday, May 03, 2018 Oil market 'tailwind' likely to spark 100 offshore project sanctions in 2018.

Oil, Gas Recruitment Firm Wins Geothermal Drilling Project Contract
Thursday, April 26, 2018 Ably Resources wins a contract for a joint-venture geothermal drilling project in the Netherlands.

PSAN Grants Companies Consent to Drill Exploration Wells in Barents Sea
Friday, April 06, 2018 Petroleum Safety Authority Norway (PSAN) grants Aker BP and Spirit Energy consent to drill separate wells in the Barents Sea.

Petro Matad Drills Into Mongolia - Last Frontier For Onshore Oil
Tuesday, March 20, 2018 Petro Matad plans to drill four wells this year in Mongolia, which it said is one of the last onshore frontiers for oil exploration.

Oil Firms Must Explore More Off Norway To Maintain Output -Petoro
Wednesday, March 14, 2018 Oil companies must explore for more offshore oil and gas reserves if Norway is to maintain energy production at its current level, state-owned oil firm Petoro says.

Exxon, Total, Repsol Among Bidders For Oil Exploration Off Greece
Monday, March 05, 2018 ExxonMobil, Total and Repsol are among members of two consortia that have submitted bids to explore for oil and gas off Greece.

Statoil Contracts West Phoenix Rig for NCS, UKCS Drilling Campaign
Thursday, March 01, 2018 Statoil and its partners contract the West Phoenix rig to drill 4 exploration wells within the UK and Norwegian continental shelves from summer 2018.

Total, Edison Get Greek Go-Ahead For Oil And Gas Exploration
Wednesday, February 28, 2018 Greece's parliament gives the go-ahead for companies to explore for oil and gas.

NPD Awards Lundin Norway Drilling Permit for Well Offshore Norway
Wednesday, February 28, 2018 The Norwegian Petroleum Directorate grants Lundin Norway AS a drilling permit for well 7220/11-5 S, located in production license 609 offshore Norway.

NPD Grants Aker BP Drilling Permit for Wildcat Well
Wednesday, January 31, 2018 The Norwegian Petroleum Directorate grants Aker BP ASA a drilling permit for wildcat well 6507/5-8.

OMV Ramps Up Search For Gas In Austria
Monday, January 29, 2018 OMV is ramping up its geological survey work in Austria with a view to increasing its market share.

Eni Says Is Drilling In Black Sea Project While Monitoring US Sanctions
Wednesday, January 24, 2018 Eni says it is carrying out exploratory drilling in the Black Sea in a Rosneft-led offshore project - while ensuring its activities comply with US sanctions.

Iceland's Oil Dream in Peril as China, Norway Give Up Last Block
Tuesday, January 23, 2018 Iceland's hope of finding oil offshore its coast is fading.

Oil Companies Limiting Risk Offshore Norway
Monday, January 22, 2018 Oil companies are proceeding with caution offshore Norway, according to a new report from BMI Research.

Significant Commercial Gas Discovery Found Onshore Italy
Friday, January 19, 2018 A significant commercial gas discovery has been made at the Selva gas field in northern Italy, Po Valley Energy Limited (PVE) confirms.

Norway Hands Out 75 New Production Licenses in Record Breaking Round
Wednesday, January 17, 2018 Thirty-four companies have been offered a total of 75 new production licenses on the Norwegian continental shelf.

Exploration to Increase in 2018 but Investment Constraints Remain
Wednesday, January 17, 2018 Exploration activity will increase in 2018, but market uncertainty and the need to manage debt levels will remain key constraints to investment.

NPD Grants Spirit Energy Drilling Permit for Well Offshore Norway
Tuesday, January 16, 2018 The Norwegian Petroleum Directorate grants Spirit Energy Norge AS a drilling permit for well 6506/9-4 S.

Hope Wanes for 'Elephant' Oil Discoveries in Norway's Arctic
Friday, January 12, 2018 After a disappointing year for drillers, Norwegian authorities are reviewing their hopes.

NPD Confirms Successful Acquisition of New Seismic Data
Tuesday, January 09, 2018 The Norwegian Petroleum Directorate confirms the successful acquisition of around 4,500 kilometres of new 2D seismic data offshore Norway.

NPD Grants First Drilling Permit of 2018
Monday, January 08, 2018 The Norwegian Petroleum Directorate (NPD) grants its first drilling permit of 2018 to Lundin Norway AS for well 16/4-11.

Statoil Comes Up Dry in Central North Sea Well
Thursday, January 04, 2018 The Norwegian Petroleum Directorate confirms that Statoil Petroleum AS has come up dry in well 15/6-14 S.

Global Exploration Sector May Soon Return to Profit
Thursday, January 04, 2018 There are early signs that the global exploration sector may soon return to profit.

Rising Oil Industry Investment Drives Spectrum's Revenue Jump
Wednesday, January 03, 2018 Seismic surveyor Spectrum's 4Q revenue surge reflects a shift among oil firms towards more exploration, its chief executive told Reuters.

Oil Firms To Step Up Exploration Off Norway Next Year After Poor 2017
Friday, December 22, 2017 Efforts to find new oil off Norway are expected to double next year.

Po Valley Energy Announces 'Positive' Results from Well Onshore Italy
Wednesday, December 06, 2017 Po Valley Energy announces positive log results from the drilling of the Podere Maiar 1 (PM1) well on the Selva gas field onshore Italy.

Sharp Fall In Applications For Norway's Arctic Oil Permits
Tuesday, December 05, 2017 Norway's attractiveness as an oil region took a hit when energy authorities said 11 oil firms applied for stakes in exploration blocks in its latest oil licensing round

Statoil To Drill 5-6 Wells In Arctic Barents Sea In 2018
Tuesday, November 28, 2017 Norway's Statoil will continue to drill for oil in the Arctic Barents Sea next year even though its 2017 campaign was mostly disappointing.

OGA Releases Results of Government Funded Seismic Program
Monday, November 27, 2017 The Oil and Gas Authority releases the results of a $26 million UK Government-funded seismic program to support the upcoming 31st Offshore Licensing Round.

Mayor of London Rejects Fracking
Monday, November 27, 2017 The Mayor of London, Sadiq Khan, declares that there is no place for fracking in the city.

Lundin Norway Makes Non-Commercial Gas Discovery
Wednesday, November 22, 2017 Lundin Norway AS makes a non-commercial gas discovery in the southern Barents Sea.

OGA Receives 'Great Response' to Latest UK Offshore Licensing Round
Wednesday, November 22, 2017 The Oil & Gas Authority (OGA) said it received a 'great response' to the United Kingdom's latest offshore licensing round.

Arctic Oil Drilling Under Attack as Norway Dragged to Court
Monday, November 13, 2017 A group of activists is trying to put a stop to Norway's Arctic oil exploration and forcing the country to defend itself in the first court case of its kind.

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.

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