Eni has completed a deal to take over operatorship of the Rabat Deep Offshore permits I-VI, offshore Morocco, with plans to drill on the acreage in 2018, following approval of a deal by the license partners. The deal, with UK-based independent Chariot Oil & Gas…
Eni has spudded an exploration well in Contract Area D offshore Libya, according to the country's national oil firm. The well, B1-16/3, will be drilled in 518ft (156m) water depth and it is about 140km northwest of Tripoli and 5km north of the Bahr Essalam gas field…
Houston-headquartered W&T Offshore is looking to make its US Gulf of Mexico Mahogany field the cornerstone of its 2017 investment program after hitting oil across five zones in a new appraisal well. The Mahogany field, discovered in 1993…
Houston’s Cobalt International Energy encountered “encouraging” results at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, and is preparing for a geologic sidetrack for further analyzation. Image of the Rowan Reliance…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Hyperdynamics Corp. has entered into a US$4.5 million master service agreement (MSA) with oilfield services giant Schlumberger to provide drilling services for the Fatala-1 deepwater exploration well planned for Q2 2017, offshore the Republic of Guinea…
Despite reductions in exploration spend, work goes on. Elaine Maslin speaks with Wood Mackenzie’s Andrew Latham to find out where explorers will aim their drillbits this year. Stena DrillMAX. Photo from Stena Drilling…
Egypt’s Oil Ministry has signed three oil and gas exploration agreements in the Mediterranean Sea worth an estimated US$220 million, according to news reports. Image from Eni. The deals are with supermajor BP…
Delek Group completed its deal with Dana Petroleum to gain 13.18% of Faroe Petroleum, expanding the Israeli firm’s North Sea footprint, and making it the majority holder in Faroe. Map of Faroe assets…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill exploration well 6507/3-12 on the Mim prospect in the Norwegian Sea. Statoil is the operator for production licence 159B in block 6507/3 in the Norwegian Sea west of Sandnessjøen…
Eni signed two new concession agreements for the North El Hammad and North Ras El Esh, in the shallow waters in Egyptian Mediterranean Sea, as a result of the EGAS 2015 international bid round. Eni is the operator of the North El Hammad block with 37…
Aker BP is considering development options for its Langfjellet discovery in the Norwegian North Sea after completing three appraisal wells on the field, according to the Norwegian Petroleum Directorate (NPD). The discovery, initially estimated at 24-74 MMboe…
Total and Petrobras have agreed to work together on exploration and upstream technology, which will see Total become a partner on two pre-salt licenses in the Santos Basin. Image from Total. The licenses are the BMS-11 license…
The government of Cyprus has selected companies, which include ExxonMobil, Eni, and Total, to negotiate exploration drilling terms for three blocks in the exclusive economic zone (EEZ) of Cyprus. Image of the 3rd licensing round map…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for wellbore 7120/1-5, to be drilled from the Leiv Eiriksson drilling facility. The drilling program for wellbore 7120/1-5 relates to the drilling of an appraisal well in production license 492…
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