OGA Launches 29th Offshore Licensing RoundJul 27, 2016The UK Oil and Gas Authority (OGA) has launched the 29th Offshore Licensing Round with more than 1,200 blocks on offer to support the OGA’s objective of...
Spectrum to Upgrade Key 3D Seismic Offshore NW AustraliaJul 22, 2016Spectrum has commenced broadband reprocessing of its Zeus and Zeebries 3D datasets as part of an extensive new Broadband 3D seismic project that...
Lundin Petroleum Commences the 2016 Southern Barents Sea Drilling CampaignJul 21, 2016Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced the 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea...
S&P Global Platts: June OPEC Output of 32.73 Million Barrels of Crude Per Day, Highest Since August 2008Jul 12, 2016Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 million b/d...
Successful Side-Track Appraisal and Volume Estimate at BrasseJul 11, 2016Faroe Petroleum has announced the completion of a successful side-track appraisal well on the Brasse discovery in licence PL740 in the Norwegian North Sea...
Award of New License in Irish Atlantic MarginJul 7, 2016Faroe Petroleum has announced an award of a new license under Ireland’s 2015 Atlantic Margin Licensing Round.
Chevron Approves Next Major Tengiz Expansion Project in KazakhstanJul 6, 2016Chevron Corporation has announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project...
Det norske oljeselskap Receives Exploration Drilling ConsentJul 1, 2016Det norske oljeselskap (Det norske) has received consent from the Petroleum Safety Authority (PSA) Norway to drill an exploration well in block 25/10.
ExxonMobil Confirms Significant Guyana Offshore Oil DiscoveryJul 1, 2016Exxon Mobil Corporation reports that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery...
Statoil Receives Exploration Well Drilling Consent in Block 6407/7Jul 1, 2016Statoil Petroleum AS – the operator for production license 107C in the Norwegian Sea – has received consent from the Petroleum Safety Authority (PSA) Norway to drill...
Norway Exploration Performance – The Winners and Losers in the Post-Johan Sverdrup EraJul 1, 2016Despite the backdrop of declining exploration levels globally, drilling activity in Norway has been surprisingly resilient. A new report from Richmond Energy Partners...
Energean Reaches Agreement with Montenegro for Two Offshore BlocksJun 30, 2016Energean Oil & Gas has announced reaching an agreement with the Ministry of Economy of Montenegro for hydrocarbons exploration and production...
Statoil Completes Transaction In UK License for Utgard FieldJun 28, 2016On 22 June 2016, Statoil and JX Nippon completed their previously announced transaction, whereby Statoil has acquired JX Nippon’s 45% equity share in, and operatorship of...
Total Obtains 25-Year Interest In The Giant Al-Shaheen Field ConcessionJun 28, 2016Total has signed an agreement with Qatar Petroleum, granting the Group a 30% interest in the concession covering the offshore Al-Shaheen oil field for a period of 25 years...
Europa Oil & Gas License Extension in the Weald BasinJun 27, 2016Europa Oil & Gas (Holdings) plc has announced it has received notification from the Oil & Gas Authority that the PEDL 143 License... has been extended...
MOL Group’s Twelfth Hydrocarbon Discovery in PakistanJun 20, 2016 Group has announced a new oil and gas discovery in the MOL-operated TAL Block, Pakistan. This marks the 8th discovery in the block and the MOL’s 12th in the country.
SDX Energy Inc Withdraws from Bakassi WestJun 16, 2016SDX Energy Inc. has provided an update on its activities on the Manatee-1X exploration well in Bakassi West, Cameroon.
Oil and Gas Discovery at the Brasse Exploration Well and Njord Facility UpdateJun 16, 2016Faroe Petroleum... has announced an oil and gas discovery in the Faroe-operated Brasse exploration well in licence PL740 in the Norwegian North Sea...
Statoil Completes Offshore Newfoundland Exploration Drilling CampaignJun 10, 2016Statoil, along with its partners, has finalised a 19-month exploration drilling program offshore Newfoundland. The purpose of the drilling program was to...
Exploration Drilling for Tullow Oil Norge ASJun 6, 2016The Petroleum Safety Authority, Norway, has granted Tullow Oil Norge AS (TONAS) consent to drill an exploration well...
Europa Oil & Gas Offered New Offshore Ireland Licensing OptionsJun 6, 2016Europa Oil & Gas (Holdings) plc cements its position in the Atlantic basins of Ireland after offer of 4 new licences in latest licensing round...
Consent for Exploration Drilling for Engie E&P NorgeMay 30, 2016The Petroleum Safety Authority, Norway, reports that Engie has received consent to drill an exploration well in block 36/7.
Eni Norge Receives Consent for Exploration DrillingMay 30, 2016The PSA, Norway, reports that Eni Norge – operator for production licence 226 in the Barents Sea – has been granted consent for exploration drilling...
Austin Strikes Oil in ColoradoMay 26, 2016Austin Exploration Limited has announced that drilling has intersected a significant 790-foot column of oil in the Pierre formation at the company’s flagship Pathfinder project...
