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Latest Oil & Gas News

Wednesday, March 29, 2017   (Today)

Exploration News

Eni CEO Says Mexico Oil Find Likely Bigger Than Estimates
Eni says there could be more than 800 million barrels of oil in place in its recent discovery off the coast of Mexico.



Sunday, March 26, 2017

Exploration News

BP Makes Third Gas Discovery In Egypt's North Damietta Concession
BP has made a gas discovery in the North Damietta Offshore Concession in Egypt's East Nile Delta, its third in the block.



Friday, March 24, 2017

Exploration News

Statoil Makes North Sea Oil, Gas Discovery
Statoil Petroleum AS makes an oil and gas discovery in the North Sea through well 34/10-55 S, the Norwegian petroleum Directorate reveals.



Thursday, March 23, 2017

Exploration News

OGA Awards 25 Licences for 111 UKCS Blocks in 29th Offshore LA
The Oil and Gas Authority (OGA) awards 25 licenses for 111 blocks, or part blocks, to 17 companies in the 29th Offshore Licensing Award.



Wednesday, March 22, 2017

Exploration News

Gulf Of Mexico Lease Sale Nets $315M in Bids, Feds Suggest Trump Bounce
Top bidders included Shell Offshore, Statoil, Chevron and Hess, each offering more than $44 million for access to offshore exploration and production, according to federal records.

Britain's Igas Wins Approval For Shale Gas Exploration
Britain's IGas has won planning consent from Nottinghamshire County Council to develop a shale gas well site and drill an exploratory well at Tinker Lane.

New Zealand Opens Block Offer Tender for Exploration Permits
New Zealand Energy and Resources Minister Judith Collins opens the Block Offer 2017 tender for petroleum exploration permits.



Thursday, March 16, 2017

Exploration News

Oil Minister: Up To 12 Oil And Gas Projects Possible In Norway This Year
Up to 12 oil and gas projects off Norway could be sanctioned by oil companies this year, the Norwegian oil and energy minister says.

EU Lawmakers Reject Call For Ban On Arctic Oil Exploration
The European Parliament rejected a call to ban Arctic oil and gas exploration.



Wednesday, March 15, 2017

Exploration News

Montenegro Signs 30-Year Oil Licensing Deal With Greek Producer
Montenegro awarded Greece's sole oil producer Energean Oil & Gas a 30-year oil and gas exploration licences in two offshore blocks in the Adriatic sea.



Monday, March 13, 2017

Exploration News

Norway Proposes Record Number Of Barents Oil Exploration Blocks
Norway announced preliminary plans to nominate a record number of blocks for oil and gas exploration in the Barents Sea.



Friday, March 10, 2017

Exploration News

Opening Arctic for Drilling Is Trump Priority, Key Senator Says
Senator Lisa Murkowski said President Donald Trump is interested in opening up new coastal waters for oil and gas drilling and reversing Obama-era policies that restrict energy development in Alaska.

Statoil Makes Gas Find Offshore Norway
Statoil Petroleum AS makes a gas discovery through wildcat well 6507/3-12 and appraisal well 6507/3-12 A offshore Norway.






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