Equinor will drill more oil and gas exploration wells off its native Norway in 2022 than this year to help sustain the company's future cash flow, a senior executive said on Tuesday.The majority state-owned company plans to drill 25 exploration well in Norway…
Australian oil and gas company Finder Energy said Friday it had acquired two 'highly prospective' UK North Sea-operated licenses, P2502, and P2524, from Azinor Catalyst Limited.Perth-based firm said that the license P2502 was located on the western edge of the East Shetland Basin…
Oil and gas company Apache has appointed Tracey K. Henderson as its Senior Vice President, Exploration. Henderson joins the company from Kosmos Energy, where she served as Chief Exploration Officer. 'While at Kosmos, she contributed to the discovery of the Jubilee Field offshore Ghana…
The Government of Canada has this week approved three offshore drilling projects in the Atlantic Ocean, planned by BHP, Equinor, and Chevron, respectively.'The projects will allow the proponents to determine the presence, nature, and quantities…
Beach Energy and Bridgeport Energy have been awarded permits to explore for gas in Victoria, Australia, state waters near Portland and Port Campbell.'As Victorians turn up their gas heaters during the winter chill, the search for new gas off…
Oil and gas company SapuraOMV has filed an application to Australian regulators for permission to carry out a geotechnical and geophysical survey within Permit WA-412-P offshore W. Australia, where it plans to drill the Kanga-1 well.Sapura Upstream farmed into the block in 2018…
London AIM-listed oil and gas explorer Empyrean Energy has been given more time to drill a well in its 29/11 offshore block in China.Empyrean said Wednesday that, due to the COVID-19 pandemic and the resultant global control policies, it engaged…
National oil companies (NOCs) globally are estimated to cut exploration budgets by over a quarter on average in 2020, says energy intelligence group Wood Mackenzie.Woodmac said Wednesday its analysis was based on announcements and tracking well plans of 11 top spending NOC explorers…
The drill bit still plays a key role across the region, with exploration increasingly the domain of national oil companiesReports of the death of exploration have been greatly exaggerated. Since the 2014 oil price downturn, the industry has re-imagined exploration…
Neptune Energy said it has been awarded an exploration permit for block F5 in the Dutch sector of the North Sea from the Ministry of Economic Affairs & Climate Policy.The block is located 200 kilometers north of Den Helder and 25 kilometers southwest of the Neptune-operated F3-B platform…
Italian oil major Eni is committed to the exploration of Cyprus' Exclusive Economic Zone and its contractual engagements with the country, its chief executive said on Friday.Turkey said last week it had sent an oil-and-gas drilling ship to waters…
Rystad Energy sees investments both in offshore and onshore exploration drilling doubling in the next five years, compared to the last five years. Conventional onshore demand will be driven by Asia, Africa and South America.Europe on the other hand…
Suppliers hoping to tap the fast-warming Eastern Mediterranean energy market need look no further than the consortia submitting bids on 12 of 19 exploration blocks offshore Israel.With gas-supply deals in place with Egypt, Jordan, Greece and domestic Israeli producers…
Japan’s largest exploration and production company Inpex Corporation has announced that through a subsidiary, it was awarded an exploration permit for Release Area AC/P66 (the Block) as operator in Australia’s 2018 offshore petroleum exploration acreage release…
A cursory look at rig, seismic and yard activity in the world is enough to deduce that there’s more happening in the Arctic than Greens tying themselves to seventh-generation drilling units.A judge may have blocked Alaskan drilling in coastal…
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