oil discovery
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Vår Energi Announces New Oil Discovery in Norway’s North Sea
Thursday, 25th March 2021
Vår Energi, a joint venture (JV) company between Eni and HitecVision, has made a new significant oil discovery in the northern North Sea by drilling the exploration well 31/2-22 S in the Blasto Main prospect.
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Apex Announces New Oil Discovery in Western Desert
Monday, 18th January 2021
Apex International Energy (Apex) announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt.
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Aramco Announces Four Oil, Gas Discoveries
Monday, 28th December 2020
Saudi Aramco has made four new oil and gas discoveries in the Kingdom, Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, stated.
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Eni Announces Oil Discovery in the Western Desert
Wednesday, 23rd December 2020
Eni has made a new oil discovery in the Meleiha Concession in the Western Desert, adding an extra 10,000 barrels of oil per day (bbl/d) to the current concession production.
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ADNOC Announces Discovery of 22 B bbl, Pledges $122 B in Capex
Monday, 23rd November 2020
Abu Dhabi National Oil Company (ADNOC) announces the discovery of 22 billion barrels of unconventional oil which is made up of unconventional reserves including shale oil as the company pledges $122 billion in capital expenditure (Capex) over the next five years.
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Aramco Discovers New Oil, Gas Fields
Monday, 31st August 2020
The world’s largest oil company, Saudi Aramco, has discovered two new oil and gas fields in the north of Saudi near Arar.
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Brazil Encounters Optimum Quality Oil
Wednesday, 13th May 2020
Brazil’s State owned oil company Petrobras has announced the discovery of a 208-meter reservoir containing high quality oil in the Buzios oilfield.
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SDX Energy Announces Oil Discovery in West Gharib Concession
Thursday, 19th September 2019
The company encountered a commercial oil accumulation of approximately 135 feet of net heavy oil at a depth of 4,665 feet. The well was brought online at a steady average of roughly 315 barrels per day (b/d).
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Eni Discovers Oil in Egypt’s Faghur Basin
Sunday, 6th May 2018
Eni has made a new oil discovery in Egypt's Faghur basin, located in the Western Desert.
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SDX Announces Oil Discovery in Egypt’s Rabul 4 Well
Tuesday, 24th April 2018
SDX Energy has announced a new oil discovery at the Rabul 4 well, located in Egypt’s West Gharib Concession.
Latest News
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GPC Strikes Oil in Abu Sennan Concession
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Petromaint’s Profits Leap 24% in 2020
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EDC’s Onshore Market share Increases 80% in 2020
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UOG Achieves New Discovery in Abu Sennan Concession
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Commodity CMDTY | Units | Price | Change |
Crude Oil (WTI) WTI | USD/bbl | 60.34 | -1.81% |
Crude Oil (Brent) Brent | USD/bbl | 63.65 | -1.87% |
NYMEX Natural Gas | USD/MMBtu | 2.57 | -2.50% |
OPEC Basket Price | USD/bbl | 63.07 | -0.47% |
Last Modified April 5, 2021