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Latest Oil & Gas News

Friday, June 23, 2017

Exploration News

Greece Approves Offshore Applications by Total-ExxonMobil, Energean
Greece approved applications submitted by a consortium of Total, ExxonMobil and Hellenic Petroleum, its energy ministry said.

Argentina's YPF Says Technology Lowering Its Shale Costs
Loma Campana is the first productive field in Argentina's Belgium-sized Vaca Muerta shale formation.

US Drillers Add Oil Rigs for Record 23rd Week in a Row -Baker Hughes
U.S. energy firms added 11 oil rigs in the week of June 23, Baker Hughes said Friday.



Thursday, June 22, 2017

Exploration News

UK Wants To Revive Gas Extraction In Oldest Part Of North Sea Oil Basin
Britain wants oil and gas drillers to recover pockets of gas that are more difficult to reach in a part of the North Sea.



Wednesday, June 21, 2017

Exploration News

Norway Offers Record Number Of Blocks For Arctic Oil Exploration
Norway offers a record number of blocks for oil and gas exploration in the Arctic Barents Sea.

Faroe Islands Looks To Restart Hunt For Oil And Gas
Oil companies are interested in restarting the hunt for oil and gas in the scarcely explored seas off the Faroe Islands.



Monday, June 19, 2017

Exploration News

OGA Announces Measures to Stimulate UKCS Interest
The Oil and Gas Authority (OGA) announces a number of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS).

Rosneft Discovers Hydrocarbons on Eastern Arctic Shelf
Rosneft discoveres hydrocarbon deposits on the Eastern Arctic shelf.



Friday, June 16, 2017

Exploration News

ExxonMobil To Proceed With Development Of Liza Field Offshore Guyana
ExxonMobil says it will proceed with the development of one of the largest oil discoveries of the past decade, the Liza oil field.

Greka Drilling Secures 3-Year Drilling Deal with ONGC
Greka Drilling Limited secures a 3 year drilling contract with Oil & Natural Gas Corporation Limited.

UK Oil & Gas Investments Progresses UK Exploration Well
UK Oil & Gas Investments plc progresses its Broadford Bridge-1 (BB-1) exploration well in the UK.



Thursday, June 15, 2017

Exploration News

BP, Reliance to Revive India Investments After Eight Years
BP and Reliance Industries will invest as much as $6 billion to restart work in Indian oil and gas blocks after eight years.



Wednesday, June 14, 2017

Exploration News

Uganda To Finalize Oil Exploration Deal With Nigerian Firm
Uganda is set to sign 2 oil production sharing agreements with a Nigerian firm, enabling the company to begin exploration work, the government says.



Tuesday, June 13, 2017

Exploration News

Blast Backlash Hangs Over Drillers as 'Fractivists' Seek Limits
Two months after a Colorado home exploded near an Anadarko well, the reverberations are still rattling the oil industry, driving down driller shares and raising fears of a regulatory backlash.

Faroe Petroleum Hits Oil in Norwegian North Sea
Independent oil and gas company Faroe Petroleum hits oil in a 'sand rich reservoir of very good quality' in the Norwegian North Sea.



Monday, June 12, 2017

Exploration News

Statoil Denies Patent Infringement, Keeps Drilling In The Barents Sea
Statoil says it will keep drilling exploration wells in the Barents Sea using what it called "regular equipment".



Friday, June 9, 2017

Exploration News

Empyrean: 3D Seismic Commences On Offshore China Block
Empyrean Energy plc reveals that a 3D seismic survey has commenced on its 100% owned Block 29/11, offshore China.



Wednesday, June 7, 2017

Exploration News

NPD Grants Statoil Drilling Permit for Wildcat Well
The Norwegian Petroleum Directorate grants Statoil Petroleum AS a drilling permit for well 7219/9-2.

Senex to Drill 30 Australian Coal Seam Gas Wells in June
Senex Energy Limited confirms that it will commence the drilling of 30 coal seam gas wells in June.



Tuesday, June 6, 2017

Exploration News

Repsol Uncovers Largest Volume of Gas in 5 Years
Repsol uncovers its largest volume of gas in 5 years offshore Trinidad and Tobago.






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