Oil Exploration

  • Norway to Offer 125 New Arctic Exploration Permits 

    Norway to Offer 125 New Arctic Exploration Permits 

    Thursday, 25th June 2020

    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.

  • Morocco Enters Into Exploration Contract with Conocophillips

    Morocco Enters Into Exploration Contract with Conocophillips

    Tuesday, 16th June 2020

    Morocco has signed a two-year reconnaissance contract with Conocophillips for onshore exploration in Mesorif, Northern Morocco.

  • Lebanon to Commence Hydrocarbon Drilling

    Lebanon to Commence Hydrocarbon Drilling

    Monday, 24th February 2020

    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.

  • NOGA, Eni Ink MoU for Oil Exploration

    NOGA, Eni Ink MoU for Oil Exploration

    Monday, 16th December 2019

    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.

  • House of Representatives Approves 11 Exploration Agreements

    House of Representatives Approves 11 Exploration Agreements

    Sunday, 17th November 2019

    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 oil in different regions.

  • NNPC to Continue to Explore Oil in Lake Chad Basin

    NNPC to Continue to Explore Oil in Lake Chad Basin

    Wednesday, 17th May 2017
    The Nigerian National Petroleum Corporation (NNPC) announced that it will continue to search for oil in the Lake Chad Basin of Borno state.
  • Oranto to Invest in South Sudanese Oil Field

    Oranto to Invest in South Sudanese Oil Field

    Tuesday, 7th March 2017
    South Sudan’s government granted Oranto Petroleum International Ltd. a license to explore for oil.
  • Equatorial Guinea, Sao Tome To Co-Explore for Oil

    Equatorial Guinea, Sao Tome To Co-Explore for Oil

    Monday, 31st October 2016
    Equatorial Guinea and Sao Tome have resumed talks on planned creation of a partnership for oil exploration in the existing maritime boundary between the two countries.
  • Zanzibar to Directly Negotiate Oil, Gas Deals

    Zanzibar to Directly Negotiate Oil, Gas Deals

    Monday, 5th September 2016
    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.
  • Rosneft-BP JV to Explore for Oil in Russia

    Rosneft-BP JV to Explore for Oil in Russia

    Tuesday, 21st June 2016
    Russia’s state-owned oil company, Roseneft, 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 operations in the West Siberian and Yenisey-Khatanga basins of Russia.