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Exploration News

Rosneft Attracts a Consortium of Japanese Companies to Undertake Joint Exploration
Russia >> 12/16/2017 - Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relati...
Angus Energy Preparing to Re-Enter Brockham-1X Well
United Kingdom >> 1/18/2017 - Angus Energy plc. (the "Group") is pleased to confirm that, further to the 15 December 2016 announcement, site upgrade works to the production bunds are now complete and well intervention continues on...
Brazil May Hold Second Sub-Salt Oil Licensing Round in 2017
Brazil May Hold Second Sub-Salt Oil Licensing Round in 2017 Brazil >> 1/17/2017 - Brazil may hold a second licensing round this year for new oil exploration areas in an offshore region known as the sub-salt where massive discoveries have been made, the Energy Ministry said, as it l...
YPFB & YPFB Chaco Sign Exploration Contracts for Two Areas
Bolivia >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and general manager of YPFB Chaco SA, Oscar Claros Dulon, signed two contracts for oil exploration services and exploitation in the Aguar...
Bolivia & Argentina Sign Exploration Agreement
Bolivia >> 1/16/2017 - President Oilfield Fiscales Bolivianos (YPFB), William M. Acha and president of YPF, Miguel Angel Gutierrez, signed the Oilfield Services Contract for exploration and exploitation of the area Charagua...
Drilling Program in Bolivia in 2017
Bolivia >> 1/13/2017 - Oilfield Fiscales Bolivianos (YPFB) scheduled for this management drilling 18 exploratory wells in the country, the president of the state oil company, William M. Acha said. ...
Nigeria's NNPC Partners with Schlumberger for Exploration
Nigeria >> 1/13/2017 - Nigeria's state oil company said it will partner with oilfield services company Schlumberger in exploration and reservoir management. The partnership aims to find commercial hydrocarbon deposits in th...
ConocoPhillips Announces Willow Discovery in National Petroleum Reserve
United Kingdom >> 1/13/2017 - ConocoPhillips Alaska Inc. announced a new oil discovery in the Greater Mooses Tooth (GMT) Unit located in the northeast portion of the National Petroleum Reserve Alaska (NPRA). The Willow discovery...
Faroe Petroleum Spuds Dazzler Exploration & Brasse Appraisal Wells
Norway >> 1/12/2017 - Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce the commencement of the Bo...
Petrobras to Invest $19B in 2017
Brazil >> 1/11/2017 - Petroleo Brasileiro SA expects to spend $19 billion in exploration, production and refining projects this year, above last year's, signaling that efforts to reduce debt and preserve cash are helping B...
Roxi Petroleum Announces Operational Update
Kazakhstan >> 1/10/2017 - Roxi Petroleum, the Central Asian oil and gas company, with a focus on Kazakhstan, has updated the market with news from its BNG Contract Area. ...
Lion Energy Reports Encouraging Oil & Gas Shows in Amanah Timur-1 Well
Indonesia >> 1/10/2017 - Lion Energy has announced that encouraging gas readings, combined with some oil fluorescence shows have been encountered in the objective '400' sandstone from 80m KB to the midnight depth of 154m KB. ...
DNO Makes Cretaceous Oil Discovery at Peshkabir
Iraq >> 1/9/2017 - DNO ASA, the Norwegian oil and gas operator, announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank o...
Gazprom Neft Discovers New Field in Orenburg Oblast
Russia >> 1/9/2017 - Gazprom Neft subsidiary Gazpromneft Orenburg has discovered a new field the Novosamarskoye in the Sorochinsky district of the Orenburg Oblast. Initial oil-in-place reserves are estimated at more t...
Sound Energy to Spud Badile Exploration Well in March
Italy >> 1/5/2017 - Sound Energy, the African and European focused upstream gas company, is pleased to confirm that: ...
Lebanon OKs Oil Decrees to Start Stalled Tender Process
Lebanon >> 1/4/2017 - Lebanon's new government passed two decrees concerning oil and gas exploration blocks, meaning a tender process for offshore reserves, stalled since 2013, can begin. ...
NNPC Awards 2017 Crude Oil Term Contracts to 39 Companies
Nigeria >> 1/3/2017 - State-run Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said. The contracts covering about 1.31 million barrels per day (bpd...
Petrobras & JV Hand Back Piracuca Oil Concession
Brazil >> 1/3/2017 - Brazil's state-controlled oil company Petroleo Brasileiro SA and Repsol Sinopec, a joint Spanish-Chinese venture in the country, are handing back exploration rights at the Piracuca field in the Santos...
Iran Names 29 International E&P Companies for Upstream Oil Tenders
Iran >> 1/2/2017 - The National Iranian Oil Company (NIOC) has released the list of 29 qualified foreign oil and gas exploration and production (E&P) companies for attending tenders aimed at developing upstream projects...
Statoil Receives Consent for Exploration Drilling in Norwegian Sea
Norway >> 12/28/2016 - The PSA has given Statoil consent to drill exploration well 6507/3-12 in the Norwegian Sea. Statoil is the operator for production licence 159B in block 6507/3 in the Norwegian Sea west of Sandnessjoe...

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