Exploration News

 

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…

Statoil drops Bahamas license

Jan 20, 2014

Statoil ended a joint license agreement with Bahamas Petroleum. Bahamas Petroleum says Statoil is dropping its involvement in the agreement following its exploration successes elsewhere and a subsequent review of its global portfolio…

Trinity spuds offshore Trinidad

Jan 16, 2014

Trinity Exploration & Production spudded the El Dorado exploration prospect, located offshore the west coast of Trinidad in the PGB license in 6ft of water. The well is 2km from Trinity-operated production infrastructure. Trinity is operating…

Noble Energy makes deepwater discoveries

Jan 16, 2014

Noble Energy hit a deepwater discovery offshore the Gulf of Mexico. The Dantzler exploration well, located 12m west of the firm’s Rio Grande development in Mississippi Canyon 782, has encountered over 120ft of net pay, mainly crude oil, in two Miocene reservoirs…

Wintershall mulls Skarfjell options

Jan 15, 2014

Wintershall is to begin evaluating development options for the Skarfjell discovery, after a second appraisal well on the field exceeded expectations. Options could includea tie back to the Gjøa platform, or another facility, or as a standalone development…

Petrofac exec to lead Kosmos

Jan 13, 2014

Petrofac's Integrated Energy Services (IES) business chief executive Andy Inglis is to leave the company at the end of February 2014 and join exploration firm Kosmos Energy as CEO and chairman, based in Dallas, Texas.Inglis will join the Kosmos board on March 1…

HRT plucks Polvo from BP

Jan 09, 2014

Brazilian independent HRT Participacoes em Petroleo SA acquired a 60% working interest and the operatorship stake in the Polvo field from BP Energy do Brasil Ltda, following the Jan. 8 close on a deal worth US$101 million.In the transaction…

Egypt offers exploration blocks

Dec 31, 2013

The Egyptian General Petroleum Corporation (EGPC) has launched a new bid round for exploration licenses in the Gulf of Suez. Fifteen blocks, five in the Gulf of Suez and 10 in the Western Desert sedimentary basins, will be available, with licenses to be agreedon a production sharing model…

Chevron gets Greenland award

Dec 30, 2013

A consortium led by Chevron has been awarded exploration licenses covering two blocks offshore north-east Greenland.  Consortia led by Statoil and ENI were also awarded licenses, covering one block each, also off north-eastern Greendland…

Oman well suspended

Dec 27, 2013

Lime Petroleum PLC subsidiary Masirah Oil Limited has halted drilling in exploration well Masirah North North #1 (MNN #1) for safety reasons. MNN #1 was drilled to a depth of approximately 1000m before mud losses in two carbonate sections…

Russia to explore offshore Syria

Dec 27, 2013

Syria's news agency SANA, announced that the Syrian Ministry of Petroleum and Mineral Resources signed the 'Amrit' contract with Russia's Soyuzneftegaz on 25 Dec 2013 for offshore oil drilling, development and production in Block no. 2 of Syria's territorial waters…

Lapa find declared commercial

Dec 20, 2013

Petróleo Brasileiro S.A. (Petrobras) submitted a Declaration of Commerciality (DoC) for oil and gas accumulations in the Carioca area, located in the Santos basin pre-salt. The new field will now be known as “Lapa.” The DoC was submitted to the Brazilian National Agency of Petroleum…

Maersk Oil assessing Whale Park wells off Brazil

Dec 17, 2013

At the end of Q3 2013, Maersk Oil reported it continues assessing the Itaipu and Wahoo appraisal wells, and lists the offshore Brazil projects as part of its long-term perspective. Up to the first quarter of 2013, Maersk Oil has drilled…

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