Exploration

Oil&Gas Drilling

Shell Makes Significant Oil & Gas Discovery Offshore Namibia

Shell has made a significant oil and gas discovery offshore Namibia, one of the expected hotspots for exploration this year.

Indonesia

Kuwait's Kufpec Discovers Gas, Condensate in Indonesia

Kufpec, the foreign upstream arm of Kuwait's state-owned KPC, today announced a gas and condensate discovery in the Anambas block in the Natuna Sea north of Ind…

Oil Exploration

Japan’s Inpex to Start Domestic Exploratory Drilling

Japanese upstream firm Inpex is planning to start exploratory drilling offshore the country's western Shimane and Yamaguchi prefectures in a search for oil and …

Oil Exploration

Eni Wins Five New Exploration Licences in Egypt

Italian oil and gas company Eni has been awarded five new exploration licences – located in the Eastern Mediterranean Sea, Western Desert, and Gulf of Suez – …

Oil Exploration

Canadian Overseas Petroleum Ltd Announces Significant U.S. Discovery

In addition, COPL provides an operational update on its Barron Flats Shannon Field production.

Oil Field

Equinor Makes Oil Discovery Near Existing Infrastructure in North Sea

Norwegian oil and gas company Equinor has made a new oil discovery, located near the Fram field in the North Sea offshore Norway, and will consider tying it to …

Oil Field

ExxonMobil Announces Two New Oil Discoveries In Guyana

ExxonMobil has made two more discoveries in the Stabroek block offshore Guyana, which add to the previously announced 10 billion oil-equivalent barrels recovera…

Oil&Gas Drilling

Indian State Oil Giant To Significantly Expand Oil Exploration

Indian state firm Oil and Natural Gas Corporation plans to raise fourfold its exploration and production acreage by 2025

Oil Exploration

QatarEnergy Enters Egypt Through Agreement with Shell

QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea.

Crude Oil

Production Starts at Angola’s Clov 2 Oil Project

Crude production has started at the Clov 2 project in block 17 offshore Angola, the second new deepwater development to come on stream in the west African count…

Oil&Gas Drilling

TotalEnergies Spuds Namibian Ultra-Deepwater Well

French energy major TotalEnergies has started drilling the ultra-deepwater Venus-1X exploration well located offshore Namibia, using a Maersk Drilling-owned dri…

Oil Field

Daily Natural Gas Supply of Deep Sea No.1 Gas Field Hits 10 million Cubic Meters

China’s first self-operated deep-water gas field exploration facility, Deep Sea No.1 built by China National Offshore Oil Corp in the South China Sea, is alrea…

Crude Oil

Russia’s Oil Reserves Are Becoming Increasingly Hard To Recover

Nearly all of Russia’s oil production will consist of the so-called hard-to-recover crude reserves unless the country speeds up and incentivizes exploration

Oil&Gas Drilling

Lukoil Strikes Oil in Waters off Mexico

Russian oil and gas company Lukoil has made an oil discovery within the Yoti West structure at Block 12 located offshore Mexico.

Oil&Gas Drilling

Bambo-1 Well Drilling Commences Offshore The Gambia

FAR Gambia, a wholly-owned subsidiary of FAR Ltd has commenced drilling on the Bambo-1 exploration well in Block A2, offshore The Gambia.