Exploration
News
November 26, 2019
Equinor will reduce its focus on the frontier areas of the Barents Sea in another blow to Norway’s ambition to build a new oil province in its Arctic region.
News
November 19, 2019
Planned to start in early 2020, the survey has already received significant industry interest and is being prefunded in part by BP. First results are targeted for Q1 2021.
News
November 14, 2019
Full waveform inversion will be a key component in the workflow to achieve a high-resolution velocity model for depth imaging and seismic inversion for reservoir characterization.
News
November 13, 2019
The pilot project, performed with Total’s Multiphysics Exploration Technology Integrated System (METIS), uses autonomous drones and a ground vehicle to drop off and retrieve seismic sensors without human intervention.
News
November 12, 2019
Natural gas exploration by global oil companies in Bolivia, key to growing the country’s sagging economy, has stopped amid an escalating political crisis that has left the Andean nation rudderless.
News
November 06, 2019
Ivory Coast wants more explorers for oil and gas as it seeks to boost economic growth, according to Energy Minister Abdourahmane Cisse.
News
November 06, 2019
Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea.
News
November 04, 2019
Shearwater GeoServices has been given a conditional letter of award for a 2D seismic acquisition and fast-track processing project by Total E&P South Africa B.V.
News
November 03, 2019
The S-5 well was drilled to a depth of 4,400 meters and encountered 39 meters of net oil play in the Santonian reservoir in the offshore Rio Muni Basin, the Ministry of Mines and Hydrocarbons said in an emailed statement.
News
November 01, 2019
“Whether or not we participate, it would be wrapped up in how we would see that opportunity versus all the other investment options, because there are a lot of investment options out there right now,” said Stephen Greenlee, Exxon's president of exploration.
News
October 30, 2019
The Malvinas 3D survey will cover approximately 7,300 km² of the highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year.
News
October 21, 2019
An auction next month of oilfields in Brazil may be the priciest ever held, raising at least $50 billion in licensing fees and compensation, according to people familiar with government estimates.
News
October 15, 2019
"We see many prospects that have the potential to hold billions of barrels of oil. There are probably two dozen prospects HIbernia-size or bigger," said Jim Keating, executive vice president, offshore development and corporate services at Nalcor Energy.
News
October 11, 2019
Eager to demonstrate to the world that Somalia is open for business, the minister said the country is currently on an international roadshow which will showcase the exploration opportunities available in its hydrocarbons sector.
News
October 11, 2019
The project required data collection over multiple deepwater lease blocks in the greater Perdido and Mars development areas to support clearance of potential environmental, engineering, geological and archaeological hazards ahead of planned drilling activities.
News
October 10, 2019
U.S. ambassador to Angola, the Hon. Nina Maria Fite, hosted a delegation of top Angolan oil and gas officials to explore opportunities for the two nations to collaborate on the next phases of Angolan energy development.
News
October 09, 2019
The vehicle is the first observation class ROV to utilize Forum’s Integrated Control Engine to bring greater functionality commonly only found in larger work-class vehicles.
News
October 08, 2019
Jersey Oil and Gas PLC has revealed the findings of a new independent evaluation of its recently acquired Greater Buchan Area project in the North Sea.
News
October 08, 2019
Santos has announced that the initial flow test of the Caley reservoir from the Dorado-3 appraisal well has confirmed the main oil pool in the field is capable of producing flowrates at the higher end of pre-drill expectations.
News
October 03, 2019
“In just 9% of our offshore, we have a combined resource potential of 52.2 Bbbl oil and 199.6 Tcf gas. We have over 650 leads and prospects identified to date, and $4 billion in recent exploration work commitments," said the Honorable Siobhan Coady, Canada's Minister of Natural Resources.
News
October 03, 2019
Supported by the African Energy Chamber, the Year of Investment 2020 is an initiative of the Ministry of Mines and Hydrocarbons to pursue Equatorial Guinea's agenda of energy cooperation and investment, and see the signing of several energy deals in 2020.
