Exploration News

 

Eni Makes Fifth Oil Find Offshore Angola

Jun 04, 2019

Italian oil and gas company Eni has made the fifth oil discovery in one year in Block 15/06, through the Agidigbo-1 NFW well in Angola's deep offshore.It follows the discoveries of Kalimba, Afoxé, Agogo and Ndungu. The five discoveries altogether are estimated to contain up to 1.8 billion barrels of light oil in place.The well has been drilled on the Agidigbo exploration prospect, and analysis of post drill results indicate between 300 and 400 million barrels of light oil in place…

Exxon, Total to Explore off Crete

few minutes ago

Greece on Thursday awarded licences to ExxonMobil and Total to search for hydrocarbons off the island of Crete, marking the country's first major foray into an oil and gas search in the region.The companies, in consortium with Hellenic Petroleum…

Inpex Submits Revised Indonesian LNG Plan

Jun 21, 2019

Japan's largest oil and gas exploration and production company Inpex Corporation has submitted a revised plan of development (POD) for the Abadi  LNG Project, a gas field on the remote Masela Block in the Arafura Sea off Indonesia.  The revised…

Further Delay in Barryroe Project Loan

Jun 18, 2019

Ireland's offshore Oil and gas company Providence Resources has again pushed back a deadline to receive $9mln of funding from Apec, its farm-in partner in the key Barryroe site off the south west coast.The loan from Barryroe's Chinese backer was due by June 14…

Shell to Invest up to $2.4 Bln in Mexican Deepwater

Jun 14, 2019

Mexico's oil regulator on Thursday approved exploration plans for four deepwater areas operated by Royal Dutch Shell, after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.The…

Offshore: New Project Pace Quickens

Jun 12, 2019

As the oil and gas industry comes out of the recent downturn, E&P companies are tempted to chase the rewards of higher oil prices by accelerating the sanctioning of new projects.However, haste can lead to less certainty of what the ultimate cost of any given project will be…

SAExploration Completes Ocean-Bottom Project

Jun 12, 2019

The geophysical services provider SAExploration Holdings successfully completed the largest shallow water ocean-bottom marine project in its history.Contracted to SAExploration by a major national oil company, the project, located in the Arabian Sea off the coast of India…

Shell Investing in Mexican Deepwater

Jun 11, 2019

Mexico's independent oil regulator on Tuesday approved deepwater exploration plans for five areas operated by Royal Dutch Shell Plc in Mexican waters near the U.S. maritime border.The plans commit the Anglo-Dutch oil major to invest at least $397 million over the next four years…

Israel Extends Exploration Tender Deadline

Jun 06, 2019

Israel on Thursday extended its tender by a month to grant new licenses for offshore oil and natural gas exploration.The deadline for bids was due by June 17 but the Energy Ministry extended it until July 15, with the winners to be announced on August 12…

Eni Scoops Two Blocks Offshore Ivory Coast

Jun 04, 2019

Italian supermajor Eni announced Tuesday it has signed contracts for a pair of new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The two blocks were among 20 available at the end of 2018.The two blocks…

UK Awards 37 Offshore Licence Areas

Jun 04, 2019

Thirty companies have acquired acreage in the UK 31st Offshore Licensing Round, the country’s Oil and Gas Authority (OGA) announced on Tuesday.In all, 37 licence areas were awarded over 141 blocks or part-blocks to a broad spectrum of companies…

Schlumberger Debuts Digital Exploration Platform

Jun 03, 2019

Schlumberger on Monday introduced a new digital exploration platform designed to help exploration teams to rapidly discover and access basin-scale data and manage exploration opportunities.The GAIA platform uses the power of the DELFI E&P cognitive…

Dana Gas Spuds Merak-1 Offshore Egypt

May 22, 2019

Dana Gas said it commenced drilling operations on Monday at its Merak-1 well, offshore Egypt in the hopes of finding world-class natural gas resources in a basin where several giant discoveries have been made in recent years.The location is in 755 meters of water in the North El Arish concession…

Drillers Come Up Dry Offshore Pakistan

May 20, 2019

The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said.'The oil exploration well will be plugged and abandoned…

Argentina Grants Offshore Exploration Permits

May 17, 2019

Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch Shell Plc, the government said on Friday…

Current News

Tullow Encounters Delays Offshore Ghana

Tullow Encounters Delays Offshore Ghana

Exxon, Total to Explore off Crete

Exxon, Total to Explore off Crete

Guyana's First FPSO Named Liza Destiny

Guyana's First FPSO Named Liza Destiny

ABB Transformers for Moray East

ABB Transformers for Moray East

Icahn Steps up Fight with Occidental

Icahn Steps up Fight with Occidental

EnVen Co-founder Exits, Sues Company

EnVen Co-founder Exits, Sues Company

TechnipFMC OSV Refit Completed

TechnipFMC OSV Refit Completed

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