Exploration
News
September 15, 2017
Inpex has announced that through its subsidiary Inpex Norge AS, it has entered into an agreement to acquire a 40% participating interest in exploration license PL767 located in the western Barents Sea, offshore the Kingdom of Norway from Bayerngas Norge.
News
September 13, 2017
China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement in order to cooperate in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals.
News
September 12, 2017
Prime Minister Erna Solberg became Norway’s first Conservative Party leader in over three decades to be re-elected as a movement to stop further oil exploration in western Europe’s biggest petroleum producer fizzled.
News
September 12, 2017
Faroe Petroleum announces that drilling has reached the target depth on the exploration well 33/9-22 S (Faroe carried interest 30%) in licence PL 881.
News
September 12, 2017
Royal Dutch Shell and Petrobras signed last week in The Hague, Netherlands, a Memorandum of Understanding (MoU) to establish a long-term mutual collaboration in developing pre-salt fields in Brazil.
News
September 08, 2017
LLOG Exploration Company, LLC, has announced that the Company and all of its working interest partners have taken several key steps to begin execution of the previously-approved Buckskin Project.
News
September 07, 2017
Statoil has acquired participating interests in two additional offshore frontier blocks, including one operatorship.
News
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 Wednesday.
News
September 06, 2017
Europe’s biggest energy companies have a message for the aging UK North Sea oil industry: We may be selling assets, but that doesn’t mean we’re heading for the exit.
News
September 06, 2017
Politicians and activists who have been fighting to rein in Norway’s mighty oil industry are eyeing a breakthrough.
News
September 05, 2017
CNOOC Limited has announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed production sharing contract (PSC) with SK Innovation Co., Ltd. (SK) for Block 17/08 in the South China Sea.
News
September 04, 2017
Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring normal operations following Tropical Storm Harvey.
News
September 04, 2017
The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising resilience to the crude-market slump.
News
August 31, 2017
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea.
News
August 29, 2017
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce the commencement of the Goanna exploration well 39/9-22 S (Faroe 30%) in licence PL 881.
News
August 29, 2017
Lundin Petroleum AB has announced that Statoil AS has completed the Korpfjell exploration well 7435/12-1 in PL859 in the southeastern Barents Sea. The well proved a small, non-commercial gas discovery.
News
August 28, 2017
Aker BP ASA, operator of production licence 677, has completed the drilling of wildcat well 25/4-11. The well is dry.
News
August 25, 2017
Statoil and Argentina’s leading energy company YPF have entered into an agreement to jointly explore hydrocarbons in the Bajo del Toro block in the Neuquén basin onshore Argentina.
News
August 24, 2017
Statoil Petroleum AS, operator of production licence 124, is about to complete the drilling of wildcat well 6507/8-9.
News
August 24, 2017
Oilex Ltd. is pleased to announce that the C-23z core analysis has been completed. The analysis, by Schlumberger and Baker Hughes has confirmed that the EP-IV tight siltstones at Cambay can be effectively stimulated, and that commercial gas flowrates are potentially achievable.
