Oil exploration

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…

Honghua Group Ltd.

Honghua Group has developed into not only a large-scale equipment manufacturer and drilling service enterprise engaged in the research, design, manufacturing an…

Bahamas Petroleum Company

The Bahamas Petroleum Company was formed to invest in an offshore oil exploration programme in licence areas covering approximately 16,000 sq km (4 million acre…