Exploration
News
October 30, 2022
Qatar is in talks with TotalEnergies SE and Eni SpA for a 30% stake in an exploration block in waters off Lebanon, QatarEnergy CEO Saad Al Kaabi said Sunday.
News
October 27, 2022
Lebanon and Israel have signed a U.S.-brokered deal that ends a dispute over gas-rich waters in the Mediterranean, paving the way for the development of energy resources.
News
October 26, 2022
When it comes to success rates for discovering new oil and gas resources, 2021 saw one of the lowest on record. However, with the return of high-impact oil exploration in 2022, O&G businesses have seen a much higher success rate.
News
October 07, 2022
Wood Mackenzie thinks exploration still has a role to play in the UKCS, but drilling activity is already at historic lows and the addition of new acreage – which will have been offered up in previous rounds – is unlikely to reverse that trend significantly.
News
September 27, 2022
The Mangat Group, a Glendale-based land development group, announced a new partnership with Phoenix-based Liberty Petroleum Corporation in pursuit of a world-class exploration project with the potential to uncover a significant amount of oil.
News
September 21, 2022
The government’s decision to release the results of its "Climate Compatibility Checkpoint" consultation on new oil and gas projects will boost UK energy security while minimizing greenhouse gas emissions, Offshore Energies UK said.
News
September 21, 2022
Mubadala Energy confirmed the discovery of a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320, off the coast of Sarawak province, offshore Malaysia.
News
August 26, 2022
Neptune Energy and its partners announced a new commercial oil discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea.
News
August 22, 2022
TotalEnergies and Eni made a significant gas discovery at the Cronos-1 well, in Block 6, offshore Cyprus. This discovery follows the Calypso-1 discovery made on the same Block in 2018.
News
August 19, 2022
South Africa expects TotalEnergies SE to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector.
News
August 08, 2022
Britain needs to keep developing new oil and gas fields in the North Sea even as it rolls out major offshore wind and carbon capture and storage projects across the country, according Shell’s UK head of upstream.
News
August 05, 2022
Offshore Energies UK has given its backing to plans by Equinor and its partners to progress a major oil and gas field on the UK continental shelf.
News
August 05, 2022
The Rosebank oil and gas project could lead to an investment of £4.1 billion ($5 billion) in the UK and create more than a thousand jobs if it goes ahead, according to Equinor ASA.
News
July 29, 2022
Abu Dhabi National Oil Company (ADNOC) announced a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni.
News
July 28, 2022
Aquaterra Energy has been awarded a high-pressure high temperature subsea riser contract with oil and gas operator, Umid Babek Operating Company (UBOC), for the exploration of its HP well on the Babek project in Azerbaijan.
News
July 28, 2022
Neptune Energy has begun drilling on the Ofelia exploration well in the Norwegian sector of the North Sea, the company announced.
News
July 22, 2022
Schlumberger said annual sales will rise the most in 11 years as concern over inadequate energy supplies outweighs recessionary fears among major oil explorers.
News
July 20, 2022
NOIA President Erik Milito said restoring U.S. energy security must include the resumption of domestic offshore oil and gas leasing, which did not happen with Biden’s Wednesday announcement of Executive Actions on Climate to Address Extreme Heat and Boost Offshore Wind.
News
July 13, 2022
Mubadala Petroleum announced that the drilling of the Timpan-1 exploration well offshore North Sumatra, Indonesia, has been completed with the discovery of a 390-foot gas column.
News
July 01, 2022
Through the agreement, Longboat farmed-in to two near-term, gas weighted exploration prospects on the Norwegian Continental Shelf targeting combined gross unrisked mean prospective resources of 223 MMboe.
News
June 28, 2022
Canadian-based oil and gas exploration company, Eco Atlantic, through its subsidiary Azinam Limited, signed a farmout agreement for the acquisition of an additional 6.25% participating interest in Block 3B/4B offshore South Africa.
