Turkey called on Sunday for the European Union to end what it said was the bloc's prejudice against Turkish Cypriots, defending its launch of a fresh round of hydrocarbons drilling off the Mediterranean island.Turkey began drilling for oil and gas near Cyprus last year despite warnings from the EU…
Offshore oil and gas exploration spending in the Middle East is set to grow significantly over the next few years, as onshore resources mature and become more numbered, Rystad Energy said Friday.'The most bountiful petroleum plays in the Middle…
Italian oil major Eni and France's Total were among the successful bidders for rights to develop three offshore blocks in Angola out of 10 auctioned late last year, the country's petroleum regulator said on Thursday.Eni and Total won operator…
London-listed oil company Tullow Oil will most likely not be drilling any wells offshore Guyana in 2020.In its trading update on Wednesday Tullow said it expected to report pretax impairments and exploration write-offs of around $1.5 billion…
Jadestone Energy has filed plans for drilling operations expected to start this year at its Montara oil field offshore Australia. The Montara field, which Jadestone bought in October 2018, lies approximately 690 kilometers east of Darwin in…
Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…
Norway has offered exploration acreage in mature offshore areas to 28 companies of 33 which had applied as part of the Awards in Predefined Areas (APA) 2019.The Norwegian Petroleum Directorate said Tuesday that 28 oil companies had been offered…
ConocoPhillips has made a minor oil discovery in the Norwegian part of the North Sea, near the Balder field. The company’s Norwegian subsidiary, ConocoPhillips Skandinavia, made the find while drilling the 25/7-8 S exploration well in the production…
French oil company Total will drill the deepest offshore well by water depth using the Maersk Voyager drillship owned by Maersk Drilling.The Danish offshore drilling contractor said Tuesday that, based on the conditional letter of award previously announced in the third quarter of 2019…
Tullow Oil has been given more time to decide on whether to drill a well at an offshore block in Jamaica’s Walton Morant Basin. The company is also in talks to farm-out some of its share in the block.The news of the extension was shared on Tuesday morning by United Oil & Gas…
Chinese oil company CNOOC plans to drill 227 exploration wells in 2020 and has set aside up to around $13,8 billion for capital expenditures, CNOOC's highest annual Capex since 2014, according to Reuters.CNOOC said Monday that its targeted net…
Equatorial Guinea’s minister for mines and hydrocarbons Gabriel Mbaga Obiang Lima has signed several MoU with bidders of the country’s 2019 Licensing Round.The government of Equatorial Guinea last year offered 27 free blocks for exploration…
Lundin Petroleum has cut its resource estimate for the Alta oil discovery in the Norwegian Arctic, and no longer sees Alta and the nearby Gohta find as commercially viable for a joint field development, the Swedish company said on Monday.The company…
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells…
Optimum and Lekoil, partners in the OPL 310 license offshore Nigeria, have kicked off the site survey ahead of the planned drilling expected later this year.'The marine vessel, conducting the site survey, arrived at site location yesterday and…
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