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.

Morocco Enters Into Exploration Contract with Conocophillips

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

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.

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.

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 f ...

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.

Oranto to Invest in South Sudanese Oil Field

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 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, 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

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 ...

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