Oil Exploration | Egypt Oil & Gas

Norway to Offer 125 New Arctic Exploration Permits 

Norway, Europe’s largest oil-producing nation, intends to profoundly increase Arctic oil exploration by offering up 125 new oil exploration permits in the Arctic Barents Sea, according to Reuters.  Norway’s 25th licen...

Morocco Enters Into Exploration Contract with Conocophillips

Morocco has signed a two-year reconnaissance contract with Conocophillips for onshore exploration in Mesorif, Northern Morocco, according to Morocco World News. The agreement permits Conocophillips to conduct hydrocar...

Lebanon to Commence Hydrocarbon Drilling

Lebanon is going to commence drilling activities for hydrocarbons in its waters within the last week of February, according to the Lebanese Agriculture and Culture Minister, Abbas Mortada, the Daily Star reported. “Dr...

NOGA, Eni Ink MoU for Oil Exploration

Bahrain’s National Oil and Gas Authority (NOGA) has signed a memorandum of understanding (MoU) with Italian Eni to pursue petroleum exploration of Block 1,  Zawya reported citing Gulf Daily News. Block 1 is an offshor...

House of Representatives Approves 11 Exploration Agreements

The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore for o...

NNPC to Continue to Explore Oil in Lake Chad Basin

The Nigerian National Petroleum Corporation (NNPC) announced that it will continue to search for oil in the Lake Chad Basin of Borno state, All Africa reported. According to The Guardian, NNPC’ Managing Director...

Oranto to Invest in South Sudanese Oil Field

South Sudan’s government announced that it granted Nigerian Oranto Petroleum International Company a license for oil exploration in a block covering three states that may contain huge oil reserves, reported Energy Voi...

Equatorial Guinea, Sao Tome To Co-Explore for Oil

Equatorial Guinea’s new Ambassador, Paulino Ekobo, said that the country and Sao Tome have resumed talks on planned creation of a partnership for oil exploration in the existing maritime boundary between the two count...

Zanzibar to Directly Negotiate Oil, Gas Deals

Zanzibar, a Tanzanian archipelago off the coast of East Africa, will soon start direct talks with investors in the oil and gas sector, thanks to a new law to be passed by Tanzania’s House of Representatives, All Afric...

Rosneft-BP JV to Explore for Oil in Russia

Russia’s state-owned oil company, Rosneft, has signed a new oil exploration joint venture (JV) deal with BP in Russia. The JV, Taas-Yuryakh Neftegazodobycha LLC, will invest up to $300m in conducting oil exploration o...

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