Exploration News

 

Statoil boosts Tanzanian LNG prospects

Mar 03, 2014

Statoil and co-venturer ExxonMobil have carried out a successful first drill stem test on their Tanzania Block 2 offshore discovery Zafarani-2. The data acquired will help reduce technical uncertainties in a possible future Tanzania offshore and LNG development…

Barents Langlitinden well disappoints

Mar 03, 2014

Det norske oljeselskap is to plug and abandon its exploration well on the Langlitinden prospect after getting disappointing results. The well was the first well in Barents Sea production license 659. The Norwegian Petroleum Directorate (NPD) said the well…

Tullow acquires North Sea permit

Feb 27, 2014

The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Tullow Oil Norge for well 31/2-21 S, cf. Section 8 of the Resource Management Regulations. Well 31/2-21 S will be drilled from the Borgland Dolphin drilling facility in position 60° 58'16…

Barryroe potential grows

Feb 18, 2014

Partners on the Standard Exploration Licence (SEL) 1/11, offshore Ireland,containing the Barryroe oil field, have been granted an extension to the license. The partners Providence Resources (operator with 80% WI) and Lansdowne Oil & Gas…

Solberg drilling starts

Feb 03, 2014

The Solberg prospect, operated by Germany's Wintershall (35% equity), is 4km northeast of the Tyrihans field and 8km southeast of UK-based explorer Faroe Petroleum’s Maria discovery (2010). Drilling is being carried out using the…

Rocksource CFO to leave

Jan 29, 2014

Norwegian exploration firm Rocksource has announced plans to consolidate all its operations to its Bergen head office.  As a result of the move, which was decided after a strategic review, the company’s Chief Financial Officer, since it was founded in 2004…

Petrobras to drill Libra 2H 2014

Jan 24, 2014

Drilling operations will begin in 2H 2014 on two wells in the giant Libra field off Brazil following approval of the field’s 2014 working and investment plan. The Brazilian national Petróleo Brasileiro S.A. (Petrobras), along with Pré-Sal Petróleo S…

FMC wins Pemex contract for wellheads

Jan 24, 2014

FMC Technologies Inc.  announced today that it signed a 3-year contract with Pemex Exploration and Production to manufacture and supply surface wellheads to support drilling and well maintenance programs in the Gulf of Mexico. The award…

UK invites North Sea bids

Jan 24, 2014

The UK Government has opened the country's 28th offshore oil and gas exploration licensing round, amid concerns about a slow-down in the basin.  Wood Mackenzie’s annual review of UK upstream oil and gas said capital investment continued to increase…

Iceland divvys final Dreki license

Jan 22, 2014

Iceland’s National Energy Authority, Orkustofnun,  granted a license for the Dreki area to CNOOC Iceland ehf, Eykon Energy ehf, and Petoro Iceland AS in the third and final round for the region. CNOOC Iceland, subsidiary of CNOOC International ltd…

Pakistan sweetens terms to increase exploration

Jan 22, 2014

The Pakistani government has announced a new petroleum policy, attracting investment of about US$2.02 billion for oil and gas exploration in the country during the last three years. The policy projects incentives including: better gas price…

Croatia plans Q2 tender

Jan 22, 2014

Croatia’s government is planning to publish tenders for oil and gas exploration in the central and southern Adriatic Sea in Q2 this year.  The announcement followed the completion of a 2D multiclient seismic acquisition survey offshore…

Black Sea drilling in 2015/16

Jan 21, 2014

OMV and its partners have announced the completion of the largest 3D seismic survey in the Black Sea. The survey, covering 7740sq km, in the 1-21 Han-Asparuh block,offshore Bulgaria, is also OMV's largest survey. Interpretation of…

Cairn plans 9 2014 wells

Jan 21, 2014

Cairn Energy has outlined a nine-well exploration program for 2014, with a strong focus on the Atlantic margin. Four of the five Atlantic margin wells will be operated by Cairn, including the JM-I exploration well, in the Juby Maritime III block…

DNO seals Tunisia deal

Jan 20, 2014

Norway's DNO International AS has completed a farm-in by its wholly-owned subsidiary DNO Tunisia AS to the Sfax Offshore Exploration Permit and the Ras El Besh Concession in the Republic of Tunisia. The agreement, with Eurogas International Inc…

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