Russia's largest independent natural gas producer PAO Novatek has secured a new exploration license on the Gydan peninsula.The seventh largest publicly traded company globally by natural gas production volume said in a press release that its…
The US-based oil and natural gas acquisition, exploitation and exploration company W&T Offshore announced certain executive management changes within the Company, effective immediately.The Company announced the appointment of Janet Yang to Executive Vice President and Chief Financial Officer…
Oil and gas exploration and production company Kosmos Energy said that it has entered into a strategic alliance with Shell Exploration Company B.V. to jointly explore in Southern West Africa.Initially, the alliance will focus on Namibia, where…
The future of oil and gas exploration in Australia looks bright after new offshore petroleum exploration permits were awarded by the Government that could see more than $530 million invested over the next six years.Minister for Resources and…
Eni announced a new oil discovery in the western Barents Sea within licence PL 532, the new discovery has been made through the exploration well 7220/5-3, drilled in a water depth of 409 m in the Skruis Prospect in License PL 532 (Equinor 50% Op…
Italian oil major Eni said on Monday it had struck a deal to team up with French peer Total to look for oil and gas in Algeria and strengthen its position in the north African country.The two oil companies signed a deal with state-owned Algerian…
The oil and natural gas company Pan Orient Energy Corp announce that the L53-DD1 exploration well encountered an interpreted, combined 26 meters of net oil pay within three separate sandstone reservoirs between a true vertical depth of 960 to 1…
UK-based Cairn Energy announced that the Development and Exploitation Plan for the SNE field offshore Senegal has been submitted on schedule to the Government of Senegal by the Joint Venture (JV) with approval targeted later this year.Cairn…
The offshore drilling and production equipment manufacturer Dril-Quip has announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary based in Aberdeen, Scotland, has entered into a Front End Engineering and Design (FEED) Contract…
Italian oil and gas major Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1,500 km to the north east of the capital Maputo…
Italian oil firm Saipem has signed new offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo. The overall value of the contracts is approximately $400 million.In Azerbaijan, Total has awarded a SURF contract to the consortium between Saipem’s subsidiary…
Irish oil and gas exploration company Providence Resources said it had encouraging reports concerning frontier exploration licence (FEL) 6/14 situated at its Newgrange offshore, some 260 kilometres off the south-west coast of Ireland.FEL 6/14 is operated by Providence Resources…
The Atlantic margins focused oil and gas exploration company Chariot Oil & Gas Limited has announced the result of the well on the Central Blocks license, offshore Namibia (Chariot 65% (Operator), Azinam 20%, NAMCOR 10% and Ignitus 5%).The well has been safely drilled to a total MD of 4…
Energy XXI Gulf Coast (EGC) has reached an agreement with the drilling and exploration services company Cox Oil to extend the required closing date for their planned merger to Oct. 17.Houston-headquarteredexploration and production company EGC…
The government of Cyprus has invited companies to bid on a new energy exploration zone off the coast of Cyprus, said a report in Kathimerini News.The country decided to only permit energy companies already part of the Cypriot Exclusive Economic Zone to bid on the project…