exploration | Egypt Oil & Gas - Part 23

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 Mediterranean...

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. Drilling has begun of a prospecting-and-appraisal well, with a projected depth of 4,0...

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. Oil and gas exploration c...

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 ac...

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. Total upstrea...

Two Offshore Exploration Licenses Awarded to Eni

Eni was 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. Following the award, Eni is now ...

Cairn to Focus on Northwest Africa, North Sea Drilling

Cairn Energy has outlined its offshore exploration plans for 2015. Offshore Senegal, the company is working with the government and its license partners on a multi-well appraisal and exploration drilling campaign foll...

Egypt Signs Six New Exploration Agreements

The Petroleum Ministry said on Friday 09 January, 2015 that it signed oil and gas exploration agreements in the Western Desert and Gulf of Suez. Petroleum Minister Sherif Ismail signed the agreements with Netherland&#...

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 prod...

Saudi Aramco to Invest $35B in Oil Exploration, Development

State-owned oil giant Saudi Arabian Oil Co., known as Saudi Aramco, plans to invest $35 billion over the next five years in crude oil exploration and development in a bid to keep its oil production portfolio robust, t...

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