Exploration News

 

MZ-1 offshore Morocco dry for Freeport

Aug 11, 2015

Freeport-McMoRan's MZ-1 deepwater exploration well offshore Morocco has reached total depth without finding oil, according to partner Pura Vida Energy. The well, on the Mazagan permit, was drilled through the three prognosed Jurassic…

Russia seeks to extend Arctic territory

Aug 07, 2015

Russia's Ministry of Foreign Affairs earlier this week announced it had submitted a revised bid claiming 1.2 million sq km of Arctic sea shelf to the UN Commission on the Limits of the Continental Shelf (CLCS). The country's previous bid in 2002 were rejected for lack of evidence…

Shell begins Arctic drilling

Aug 03, 2015

The Transocean Polar Pioneer semisubmersible officially began Shell’s US$1 billion Arctic drilling program in the Chukchi Sea on 30 July. The Polar Pioneer. From Transocean. Drilling operations began at Shell’s Burger J prospect…

Total, Eni, Exxon bet on Mozambique

Aug 03, 2015

Three majors are vying for the same block offshore Mozambique in Mozambique's fifth licensing round, according to the round application details released by the country's National Petroleum Institute (INP) today.  It reveals that ExxonMobil…

LR expands reach with new contracts

Aug 03, 2015

LR Senergy has been awarded a number of contracts worth a combined US$7 million in the Middle East, Europe and Asia.  The new contracts include work with Abu Dhabi Marine Operating Co. (ADMA-OPCO), the Kuwait Energy Co. and Dragon Oil These…

Southeast Asia in focus

Aug 01, 2015

Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…

Boundary disputes: South China Sea

Aug 01, 2015

Offshore assets in the South China Sea are ripe for further development, but territorial challenges are common. Focusing on Vietnam, Jeannie Stell talks to Quynh Anh, partner at Mayer Brown, for an overview of the political conditions, contract…

Inpex to drill off Japan in 2016

Jul 31, 2015

Japan’s Agency of Natural Resources and Energy has chosen Tokyo-based operator Inpex to drill an exploratory well in the country’s offshore waters in the Sea of Japan. Exploratory drilling will take place from May to August 2016, 80-86mi…

Exxon, Rosneft in Mozambique JV

Jul 30, 2015

Russia’s Rosneft and US-based ExxonMobil filed joint bids to participate in Mozambique’s fifth licensing round scheduled to close today (30 July). Map of the Angoche, Zambezi basins. From Mozambique National Petroleum Institute…

Petronas spuds Irish prospect

Jul 30, 2015

Petronas subsidiary PSE Seven Heads has started drilling on the Midleton prospect offshore Ireland, according to partner Landsdowne Oil & Gas.  PSE Seven Heads, a subsidiary of Petronas' PSE Kinsale Energy is using Diamond Offshore Drilling's…

Anadarko hits off Colombia

Jul 28, 2015

Houston-based independent Anadarko Petroleum has made an important gas discovery at the Kronos well, offshore northwest Colombia, in the southern Caribbean. The Bolette Dolphin (pictured, right) drilled the Kronos-1 well, which sits in a frontier deepwater basin in the Fuerte Sur block…

41 more UKCS licenses awarded

Jul 27, 2015

More than 40 new exploration licenses have been issued in the UK North Sea by the newly formed industry regulator Oil and Gas Authority (OGA). Image from Dolphin Geophysical.  The…

Cue discovers new Auz formation

Jul 27, 2015

Cue Energy discovered a new play type offshore Western Australia and is requesting an extension from NOPTA in order to allow further time to mature the prospect.  Map from Cue. The new play type…

Eni signs update to Egyptian agreement

Jul 24, 2015

Representatives of Italian explorer Eni and the Egyptian government gathered in Rome to sign updated Head of Agreement terms, following a new offshore discovery made in the Nile Delta earlier this week. The update says the two will jointly…

BSEE limits Shell's Arctic drilling

Jul 23, 2015

Shell’s arrival in the Chukchi Sea came with limitations from the Bureau of Safety and Environmental Enforcement (BSEE) that allows the supermajor to begin drilling, but not into oil-bearing zones just yet. The Noble Discoverer…

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