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Oil exploration
Oil Exploration
Colombia Aims to Sign 15 Oil Exploration Contracts in 2021
Colombia aims to sign 15 oil exploration contracts in 2021, Mines and Energy Minister Diego Mesa said on Wednesday, while setting the country's crude production…
Oil Exploration
Russia’s Gazprom and LUKOIL Mull JV for Developing Fields in Nenets Area
The Vaneyvisskoye and Layavozhskoye fields have the aggregate recoverable reserves of 27.4 million tons of liquid hydrocarbons and 225.3 bcm of natural gas
Oil Exploration
Eni Gets New Licence in UK North Sea
Italian oil and gas company Eni has been awarded a new production licence in the UK North Sea, resulting from an application made in the 32nd UK Offshore Licens…
Oil&Gas Drilling
Oil Major BP Significantly Downsizes Oil Exploration Division
As part of its ambition to reduce oil and gas production and raise investments in clean energy, BP has been cutting staffing levels at its oil and gas explorati…
Crude Oil
China’s Oil Giants Face NYSE Delisting
Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in China, due…
Oil&Gas Drilling
Philippines Lifts Ban On Oil Exploration In South China Sea
The Philippines is lifting a moratorium on oil and gas exploration in the South China Sea that could lead to the Philippines and China potentially creating a jo…
Oil&Gas Drilling
Oil Exploration In Norway Slumps By A Third
Oil exploration in the Norwegian continental shelf has slumped by close to a third amid the oil price rout.
Oil&Gas Drilling
Global Oilfield Services Under Pressure from Oil Price Drop
Exploration-focused oilfield service companies will face the largest demand decline as a result of oil and gas producers cutting their capex and operating expen…
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
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.
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…
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
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.
Oil&Gas Drilling
New Zealand Oil Exploration Hinges on Great South Basin
OMV's drilling programme off the Otago coast this summer will probably determine whether there is any further exploration in New Zealand waters, a leading energ…
Cooperation case
Albania Signs Oil Exploration Contract With Italian Company
The Albanian government and Italian oil and gas company ENI signed a production sharing contract on Friday to explore for oil in the offshore Dumre Block, locat…
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