Exploration News


Italian Court Asks EU to Rule in Oil & Gas Permits Dispute

Feb 14, 2020

A top Italian administrative court has asked the EU Court of Justice to rule on legislation over the size of oil and gas exploration concessions in Italy in a move that could lead to some companies being stripped of permits.Italian law currently…

Several Firms Show Interest in Barryroe, Providence Says

Feb 13, 2020

Ireland-focused oil company Providence Resources is on the lookout for a new farm-in partner for its Barryroe field following a botched farm-in saga with China's APEC.Providence said Thursday that its subsidiary Exola DAC, which is the operator…

Election Dispute Could Impact Lake Malawi O&G Exploration Efforts

Feb 13, 2020

Malawi’s 2019 Presidential election was annulled early this year by the Constitutional Court with directions to Malawi Electoral Commission asked to hold a fresh poll in five months. The question in the minds of many in the oil and gas exploration…

TGS 'Illuminating' Mature GoM Area

Feb 13, 2020

Norwegian seismic specialist TGS has announced a 3D Ocean Bottom Seismic imaging program over Main Pass and Viosca Knoll areas in the U.S. Gulf of Mexico. The company expects the new data will help E&P firms to fully explore the area.TGS says…

Indonesia: State Firm to Manage Upstream O&G Business

Feb 13, 2020

Indonesia plans to set up or designate a state firm to carry out upstream oil and gas activities, to try to curb red tape and regulations that are blamed for hindering investment in Southeast Asia's biggest economy. The government of President…

Gulf of Mexico Lease Sale Set for March

Feb 12, 2020

U.S. Secretary of the Interior David Bernhardt announced that the Bureau of Ocean Energy Management (BOEM) will offer over 78 million acres for a region-wide lease sale scheduled for March 18, 2020, as part of President Trump’s America First Offshore Energy Strategy…

Neptune Energy Takes Gulf of Suez Block

Feb 12, 2020

Exploration and production company Neptune Energy has acquired an offshore license in the Gulf of Suez, Egypt, committing to carry out seismic surveys and to drill an exploration well during the first phase of the license.Neptune said that the…

ConocoPhillips' Norway Wildcat Comes Up Dry

Feb 12, 2020

ConocoPhillips has drilled a duster at its production license 917, in the North Sea, offshore Norway.The well 25/7-9 S was drilled about 7 kilometers northwest of the Balder field in the central part of the North Sea and 200 kilometers west of Stavanger…

Somalia President Signs New Oil Bill into Law

Feb 10, 2020

Somali President Mohamed Abdullahi Farmajo has signed landmark petroleum legislation into law to help open up a new frontier market, the oil ministry said on Saturday. The upper house of Somalia’s parliament in January approved the petroleum…

Tower Wraps Thali Survey Off Cameroon

Feb 10, 2020

Africa-focused oil company Tower Resources has completed a geotechnical survey at its Thali license offshore Cameroon, ahead of the planned drilling operations later this year.'The Geoquip Marine survey vessel MV Investigator completed its survey…

Colombia: Ecopetrol, Shell in Deepwater Team-Up

Feb 07, 2020

Colombia's Ecopetrol and Anglo-Dutch energy giant Royal Dutch Shell have teamed up to develop three blocks in the Caribbean, the state-owned oil company said on Friday. Under the deal, Shell will acquire a 50% operating-stake in the Fuerte Sur…

Latin America, Africa Keep January Offshore Rig Count Up

Feb 07, 2020

There were 268 offshore drilling rigs active in the world in January 2020, oilfield services giant Baker Hughes said in its monthly rig count report released Friday.This is a slight increase compared to 266 offshore rigs actively exploring for oil and gas counted in January 2019…

Fugro Surveying i3's Offshore Drilling Locations

Feb 07, 2020

Dutch offshore survey company Fugro has started a site survey over oil company i3 Energy's UK North Sea licenses, ahead of the planned drilling campaign later this year.North Sea-focused oil company i3 said Friday that Fugro had started the…

BHP to Search for O&G Offshore Barbados

Feb 07, 2020

Anglo-Australian oil and mining giant BHP has obtained 'effective offshore exploration licenses' to search for oil in the waters off Barbados.The Barbados Government Information Service informed this week that the Caribbean country's government…

Noble Corp. Offshore Rig Duo Gets More Drilling Time

Feb 07, 2020

Offshore drilling contractor Noble Corporation has secured more work for two of its drilling rigs in Myanmar and Trinidad.In a fleet status update shared Thursday, Noble said its semi-submersible drilling rig Noble Clyde Boudreaux had won a new contract in Myanmar…

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