Exploration

German Aircraft Engine Firm Targets Potential Geothermal Exploration for Heating

As reported locally, German aircraft engine manufacturer MTU Aero Engines AG targets the exploration if the company can use geothermal energy to supply its plan…

Energy Technology

Cummins Continues Growth in Hydrogen Technology

Columbus-based Cummins Inc. has launched a joint venture with a European hydrogen storage company as it continues to expand its investment and exploration of hy…

Oil&Gas Drilling

Sonatrach Prepares to Resume Exploration in Libya

Algerian and Libyan oil sector officials are currently holding talks to relaunch exploration by Sonatrach on Libyan soil.

Oil&Gas Drilling

Oil Rigs Disappearing Across Africa at a Record Pace

Low oil prices are forcing drillers to dramatically curtail risky exploration, especially in frontier regions such as Africa.

Oil&Gas Drilling

Norway Offers 36 Oil Exploration Blocks in Already Opened Areas

Energy companies can apply to explore for oil and gas in 36 new exploration blocks off Norway, the country's oil and energy ministry said on Friday.

Oil&Gas Drilling

Equinor Approved to Use Transocean Norge for Exploration Drilling in the Norwegian Sea

The Norwegian oil safety authority has agreed to allow Equinor to use TransoceanNorge to plug and drill the 6407/1-a-3bh /CH well.

Africa Energy

Nigeria Plans to Tender 57 Marginal Oil Fields

The Nigerian Ministry of Petroleum Resources has announced that it will open a new round of bidding for oilfield development this year, involving 57 marginal oi…

Geothermal Power Plant

Geothermal Project at Lakelse Lake in BC, Canada Clears Exploration Milestone

The geothermal project by Kitselas Geothermal Inc. has cleared a major exploration milestone and is looking now for more funding from government sources.

Oil&Gas Drilling

Turkey Says May Begin Oil Exploration Under Libya Deal in 3-4 months

Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the …

Oil&Gas Drilling

ConocoPhillips Receives Consent to Use Valaris rig for Ekofisk Wells

Oil and gas exploration company ConocoPhillips has received consent from the Norwegian offshore safety watchdog Petroleum Safety Authority (PSA), to use a Valar…

Oil Field

Petrobras Reports Pre-salt Discovries in the Santos and Campos Basins

Petrobras has confirmed pre-salt oil discoveries in the southeast area of the Buzios field in the Santos Basin and in the Albacora field in the Campos Basin.

Oil&Gas Drilling

Equatorial Guinea Extends Oil and Gas Exploration Licenses by Two Years

The minster continued: “Liquidity is very important right now. The last thing we want is for [companies] to decide that it is not economical to operate in-coun…

Oil&Gas Drilling

Diamond Offshore Files for Chapter 11 Bankruptcy Amid Historic Oil Price Crash

Diamond Offshore Drilling Inc., a rig contractor owned by Loews Corp., filed for bankruptcy.

Coal Mine

Citi Stop Working with Hermal Coal Miners, to Reject Funding for Arctic Oil, Gas Exploration

Citigroup will stop providing financial services to thermal coal-mining companies over the next 10 years to help accelerate the economy’s shift away from fossi…

Market Analysis

Exploration Drilling for Geothermal Energy Started in Uganda

​In December 2019, we reported on the planned start of exploration drilling for geothermal in Uganda. As has now been reported from Ugada, Royal Techno Industr…