exploration | Egypt Oil & Gas - Part 19

Prices, Laws and Inconclusive Results Drive Oil Firms Away from Kurdistan

In light of the current low oil price environment, lack of conclusive well results to date and the limited time remaining in the current period of the Production Sharing Contract (PSC) for the Dinarta licence, Hess a ...

Abu Dhabi’s Mubadala Petroleum Heading to Moroccan Coastline

Mubadala Petroleum has signed an agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) to carry out an evaluation of the hydrocarbon potential of a large area offshore Morocco’s Mediterranea ...

Gazpromneft Drills Prospecting-and-Appraisal Well in Orenburg Oblast

Gazpromneft Orenburg has begun geological prospecting at the Kuvayskoye area, the licence for which it acquired at the end of 2014.

Philippine Government Orders Suspension of Oil Exploration Over Dispute With China

The Philippine government has ordered the suspension of all exploration at an offshore oil and gas field because of an ongoing territorial dispute with China, a Filipino-British company said.

Viking Onshore MOU with Zion Oil and Gas

Zion Oil & Gas has entered into a memorandum of understanding (MOU) with Viking Services for a land-based oil and gas rig with deep drilling capacity and certain other oilfield services and crew for exploration activ ...

Chevron Allocates $35 Billion for 2015 Capital and Investment Program

Chevron Corp. will allocate $35 billion in its capital and exploratory investment program for 2015, including $4 billion of planned expenditures by affiliates that do not require cash outlays by Chevron.

Two Offshore Exploration Licenses Awarded to Eni

Eni was today awarded by the Ministry of Petroleum and Energy two exploration licenses in the Barents sea and in the North Sea as part of the Norwegian Award in Pre-Defined Areas (APA) 2014.

Cairn to Focus on Northwest Africa, North Sea Drilling

Cairn Energy has outlined its offshore exploration plans for 2015.

Egypt Signs Six New Exploration Agreements

The Petroleum Ministry said that it signed oil and gas exploration agreements in the Western Desert and Gulf of Suez.

Croatia Awards Exploration License to Eni

Eni was awarded an exploration license within the Croatian First Offshore Licensing Round. The License is referred to Block 9, which is situated in the Adriatic Offshore, a region where Eni is the exploration and pro ...

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