Exploration

Oil Exploration

China Makes Headway in Construction of New Offshore Oil Platform

The float-over installation of the Lufeng 14-4 central platform, China's largest independently designed and built offshore crude oil production platform, has be…

Natural Gas

Sinopec finds abundant flows in Xinjiang oil, gas wells

Recently, China Petrochemical Corp, or Sinopec Group, has discovered abundant flows of natural gas and crude oil at the Shunbei-42X well and the Shunbei-41X wel…

Oil & Gas Supply

Shell Plays Down Risk of Stranded Oil and Gas Reserves

Royal Dutch Shell said on Thursday the majority of its oil and gas reserves will be produced by 2050, playing down the risk of stranded assets as it prepares to…

Oil Exploration

Jordan to Allow Exploration in Nine Hydrocarbon Blocks, Energy Minister Says

The kingdom imports more than 90 per cent of its energy needs and is looking to diversify its mix

Oil Exploration

Eni’s Latest Oil Discovery Could Be Big For Angola

Italian firm Eni has made a new light oil discovery off the coast of Angola after exploration activities recommenced following a year of pandemic restrictions.

Oil Field

Southeast Asia Looks To Increase Offshore Oil Production

Malaysia and Brunei have signed an agreement to develop two offshore oil fields on the maritime boundary, with greater exploration of recent ultra-deepwater dis…

Oil Exploration

Eni Announces a New Light Oil Discovery in Block 15/06, Offshore Angola, Through “ILX” Exploration Strategy

Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore.

SINOPEC

China's Sinopec Raises 2021 Capital Expenditure by 23.8%

Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on shale gas development in southwest China and construction of liquefied natural ga…

Crude Oil

Santos Restarts Production from Offshore Field Trio

Australian energy giant Santos has restarted production from the Ningaloo Vision FPSO following scheduled maintenance in Singapore.

Geothermal Power Plant

Kenya Gets 5 mln USD Grant for Geothermal Exploration from African Union

Headquartered in Nairobi, Kenya's state-owned GDC on Wednesday confirmed that it has secured 549 million shillings from the African Union to commence exploratio…

Oil Exploration

Qatar Petroleum Joins Guyana’s Offshore Project

State-owned Qatar Petroleum has formally joined Guyana's highly prospective offshore oil projects with the government's approval of its farm-in to two blocks, n…

LNG

Petronas Partners China National Offshore Oil Corp for Cleaner Energy Solutions

Malaysia's Petroliam Nasional Bhd has signed a Memorandum of Understanding with China National Offshore Oil Corporation to pursue cleaner energy solutions throu…

Oil Exploration

Adani Welspun makes Gas Discovery of ‘Substantial Significance’ off India

Adani Welspun Exploration Ltd., a joint venture between the Adani Group and Welspun Enterprises, has made a first-ever gas discovery in the NELP-VII block locat…

Oil&Gas Drilling

Santos’ New Authority to Prospect for Gas will Benefit CQ

Natural gas continues to lead the state's COVID economic recovery with Queenslands onshore gas industry contributing $70 billion annually and the green light gi…

Oil Field

Eni Through Var Energi Announces New Oil Discovery Offshore Norway

Eni through Var Energi, jointly owned by Eni and by HitecVision (30.15%) announces a new oil discovery in production licence PL532 in the Barents Sea