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Equinor Grabs 29 New Licenses on Norwegian Continental Shelf

Jan 15, 2019

Norwegian energy major Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 – 13 licences as operator and 16 as partner.Norway's government says it awarded…

Eni, Thailand's PTTEP Win Adnoc Exploration

Jan 14, 2019

Italy's Eni SpA and Thailand’s PTT Exploration and Production Pcl secured rights to explore for oil and natural gas in Abu Dhabi from the Abu Dhabi National Oil Company (Adnoc), following Abu Dhabi’s first competitive block licensing round.A tweet from Adnoc said…

Bahrain, ENI Join Forces for Offshore Exploration

Jan 14, 2019

National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) and ENI signed a Memorandum of Understanding (MoU) to pursue petroleum exploration of Block 1, an offshore area of over 2,800 sqkm still largely unexplored, located in the northern…

AzEire Gets Irish Offshore License Extension

Jan 11, 2019

Ireland-focused oil and gas exploration company backed by Seacrest Capital AzEire has been awarded an extension of a frontier exploration license (FEL) and a conversion of a license option to an FEL.'The Minister of State at the Department of Communications…

Norway Ready to Claim Share of Russia's Arctic Finds

Jan 10, 2019

Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in the Barents Sea, the head of Norwegian Petroleum Directorate (NPD) said on Thursday.Norway and Russia in 2010 agreed a maritime border in the Barents Sea…

Gazprom Neft Expands to Siberia

Dec 23, 2018

Russian oil producer Gazprom Neft has secured hydrocarbon exploration, development and production rights to the Leninsky license block in the Gydan Peninsula.The Leninsky license block is located in the Gydan Peninsula in the Taymyrsky district of the Krasnoyarsky Krai…

PetroChina Strikes Large Flows in Tarim Exploration Well

Dec 13, 2018

PetroChina Co Ltd struck sizeable oil and gas flows in an exploration well in the Tarim basin of the remote northwestern region of Xinjiang, marking a breakthrough in exploring an earlier untapped region, parent CNPC said on Thursday.Zhongqiu-1 well tested a daily natural gas flow of 330…

Equinor Energy Strikes Gas in Barents Sea

Nov 22, 2018

Norwegian multinational energy company Equinor Energy has made discovery containing up to 24billion cubic feet of gas in the Barents Sea. Two exploration targets were found, with the first containing between 10 and 20billion cubic feet, the other between one and four billion…

Lundin to Drill Barents Sea Well

Nov 22, 2018

Europe's independent oil and gas exploration and production company Lundin Norway will drill and test a new exploration well in the Barents Sea, following approval by the Norwegian Petroleum Safety Authority (PSA).'Lundin is the operator for production licence 767…

Faroe Petroleum Spuds Well off Norway Coast

Nov 21, 2018

Aberdeen-headquartered Faroe Petroleum has started drilling the Brasse East exploration well off the coast of Norway.The oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK announced…

Equinor Plans More International Wells

Nov 20, 2018

Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company's head of exploration said on Tuesday.'In general, there will be more international activity…

Angola Battles to Revive Oil Exploration

Nov 15, 2018

On Saturday, nearly two decades after securing the initial rights, Total's CEO Patrick Pouyanné was in Luanda to snip the ribbon on a $16 billion oil project. It's not clear when he, or his peers, will be cracking open the bubbly in Angola again…

Corallian Energy on Course for Wick Exploration Well in December

Nov 13, 2018

UK-based Corallian Energy has revealed that the UK Government had looked favourably upon its plans for two offshore exploration wells.The Offshore Petroleum Regulator for Environment and Decommissioning, which sits within the Department for Business…

Hess Corp Completes Drilling on Aspy Well Offshore

Nov 12, 2018

The  exploration and production company Hess Corporation said that Aspy probe did not encounter commercial quantities of hydrocarbons.Hess Corporation announced in a press statement that drilling of the Aspy exploration well offshore Nova Scotia reached total depth of 7…

Eni CEO Claudio Descalzi Meets Angola's president

Nov 09, 2018

Eni president Claudio Descalzi has met Angola's president Joao Goncalves Lourenco in Luanda to discuss the Italian energy giant's operations in the country.During the meeting with President João Lourenço, Claudio Descalzi said that they discussed…

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