Exploration
News
March 29, 2023
QatarEnergy entered into a farm-in agreement with ExxonMobil Canada for two exploration licenses offshore the province of Newfoundland and Labrador in Canada.
News
March 23, 2023
The Government of Newfoundland and Labrador released its budget and Energy NL welcomes a number of the initiatives, including reinstatement of the offshore seismic program, support for the renewable sector, continuation of the Offshore Exploration Initiative, and assessment of natural gas opportunities.
News
March 22, 2023
PGS is awarded a 3D exploration acquisition contract by a major international energy company. Ramform Titan is scheduled to mobilize for the survey in late June and acquisition is expected to complete in August 2023.
News
March 21, 2023
Eco Atlantic Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, and its partners are applying for Environmental Authorization to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa.
News
March 17, 2023
Yatzil-1 EXP is the second commitment well of Block 7 and the eight successful one drilled by Eni in the Sureste Basin. It is located approximately 65 km off the coast, and 25-30 km away from other oil discoveries.
News
March 09, 2023
RISC’s analysis of the license identifies total Unrisked Gross P50 Prospective Resources of approximately 4 Bboe. Exploration risk for the identified prospects and leads were assessed by RISC to range from 15% to 39%.
News
March 03, 2023
Ramform Titan is mobilizing for the survey and acquisition is expected to complete in late May 2023.
News
February 23, 2023
Africa-focused independent exploration company, Impact Oil & Gas, has launched a multi-well drilling program offshore Namibia to assess the hydrocarbon reserves available in TotalEnergies’ large-scale Venus discovery, as well as their flow potential into adjacent blocks.
News
February 20, 2023
The partners have been awarded block EG-01 for an initial period of three years, during which they will conduct subsurface studies based on existing seismic data to further define and evaluate the prospectivity of the block.
News
January 30, 2023
The partnership marks QatarEnergy’s first exploration endeavor in Lebanon and confirms exploratory basin interests in the Eastern Mediterranean. Eni and TotalEnergies will hold a 35% interest after the transfer.
News
January 11, 2023
Of the 47 drilling permits, 29 are in the North Sea, 16 are in the Norwegian Sea, and two are in the Arctic Barents Sea. This licensing round is expected to bolster and maintain activity in the Norwegian Continental Shelf.
News
January 09, 2023
The government received 13 new field-development plans last year. Companies including Equinor ASA and Aker BP ASA rushed to take advantage of Covid-era tax breaks that expired at the end of December.
News
January 04, 2023
This survey, covering 11,425 km2 , will broaden the region's 3D coverage and deliver additional high-quality data essential for the exploration efforts in the Foz do Amazonas basin.
News
December 26, 2022
The increase comes mainly from the Sakarya field where reserves are now seen at 652 Bcmg, up from 540 Bcmg previously, Erdogan said in Ankara. Another 58 Bcmg was found in another offshore field nearby.
News
December 21, 2022
The Zeus-1 well encountered 105 meters of net gas pay in carbonate reservoirs that re-enforces the area’s promising outlook and development.
News
December 21, 2022
The revised initial exploration period will now expire in January 2024. Three additional periods totaling six years are available after the current period, with further possible extensions thereafter.
News
December 19, 2022
The partnership will submit a plan for development and operation to the Ministry of Petroleum and Energy before the end of December. They will recommend that the Berling field be developed as a subsea tieback to the Åsgard B platform some 12.43 miles away.
News
December 13, 2022
Arena Energy announced its acquisition of seven blocks and twelve platforms in the Gulf of Mexico from GOM Shelf. The acquisition includes net daily production of approximately 2,000 barrels of oil equivalent in fields with historically low decline rates.
News
December 06, 2022
Philippine upstream oil and gas company PXP Energy Corp. is in talks with another Chinese firm for potential exploration in the South China Sea, Chairman Manuel Pangilinan said.
News
November 29, 2022
Perenco has discovered oil with an exploratory well offshore Congo-Brazzaville, raising the prospect of a new geological play, the company said on Monday.
News
November 29, 2022
Exxon Mobil’s recent discovery in Block 15 off Angola in the Bavuca South prospect adds further credence to the notion that Africa is a significant contender in future energy markets, according to the African Energy Chamber.
