Exploration

News
March 24, 2022
The Canadian government delayed bids for oil exploration off the coast of Newfoundland and Labrador by up to 90 days, leading industry groups to warn that continuous regulatory delays could turn away investors.
News
March 22, 2022
TotalEnergies SE is working on a plan to develop gas discoveries in South Africa with its partners and the government, according to its managing director in the country.
News
March 21, 2022
Neptune Energy and its partners announced hydrocarbons were encountered at the Hamlet exploration well in the Norwegian sector of the North Sea.
News
March 21, 2022
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
News
February 24, 2022
In a bid to ramp-up exploration and production to achieve this objective, Niger is making its regulatory and fiscal environment conducive for oil and gas energy market players.
Article
February 2022
Considering its wobbly production, Brazil is doing pretty well in weathering the pandemic. Results of the rescheduled 17th Bidding Round for exploratory acreage were termed successful, although only five of 92 offered blocks were sold.
News
February 22, 2022
Iraq is in talks with Halliburton Co. and Saudi Arabia’s Aramco to carry out oil and gas developments in the west of the country.
News
February 21, 2022
Somalia has signed a deal with Coastline Exploration Ltd. to search for hydrocarbon offshore that it expects to generate millions of dollars in revenue.
News
February 21, 2022
TotalEnergies and APA Corporation have made a significant new oil and associated gas discovery at the Krabdagu-1 well, in the central area of Block 58, offshore Suriname.
Article
February 2022
Worldwide E&P spending is set to increase 16% in 2022, extending the 5.5% growth experienced in 2021. The first coordinated global upturn since 2018 will be led by North America, but ambitious capacity growth targets in the Middle East, Latin America and Africa will drive international capex gains.
News
February 04, 2022
Royal Dutch Shell Plc has made an oil discovery in Namibia, an area where previous explorers have largely failed to find commercial resources.
News
February 03, 2022
Shell Plc’s sale of a multibillion-dollar stake in a joint venture that operates oil fields in Nigeria has attracted bids from four local companies, according to people familiar with the negotiations.
News
January 28, 2022
The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change.
News
January 14, 2022
The Eagle Ford shale in South Texas, long overlooked compared to its larger cousin the Permian basin, saw its biggest one-week jump in drilling activity in more than two years as explorers look for growth beyond the world’s biggest shale patch.
News
January 13, 2022
Just weeks after Royal Dutch Shell Plc was forced by a court to suspend a seismic survey seeking hydrocarbons in South African waters, activists are looking to block another such program.
News
January 12, 2022
Environmental activists in Argentina are trying to prevent new oil exploration in the resource-rich South American nation just days after forcing a governor in Patagonia to reverse course on silver mining.
News
January 10, 2022
Canadian Overseas Petroleum Limited, an international oil and gas exploration, production and development company with operations focused in Wyoming, USA, announced a significant conventional light oil discovery at its Wyoming asset.
News
January 10, 2022
Enterprise Products Partners LP agreed to buy Navitas Midstream Partners LLC from Warburg Pincus LLC for $3.25 billion in cash to add natural gas pipeline and processing assets in the Permian Basin, the world’s most prolific shale basin.
News
January 06, 2022
The Government of Newfoundland and Labrador is not allocating funding for the 2022 offshore seismic program and as such, the program will cease for this year. The Newfoundland and Labrador Oil and Gas Industries Association is disappointed with this decision and encourages the Provincial Government to reconsider for this year and to plan an offshore seismic program for 2023.
News
January 05, 2022
The vessel hired by Royal Dutch Shell Plc to look for potential oil and gas fields is on course to leave South African waters after community groups won a court case to temporarily halt the activity.
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