Exploration ///

Gazprom Neft developing new exploration cluster in the Khanty-Mansi Autonomous Okrug

Gazprom Neft has been confirmed as the winner of Rosnedra subsoil licensing rounds for six blocks in the Karabashsky exploration zone, located in the Khanty-Mansi Autonomous Okrug.

BP, Petrobras alliance to explore joint projects in Brazil and beyond

BP has announced that it has signed a memorandum of understanding to explore areas of cooperation with Petróleo Brasileiro S.A. (Petrobras).

New Zealand draws "line in the sand" with exploration ban

New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change.

Technical advances solve a variety of offshore problems

As was the case last year, nearly all of this group of new technologies and next-generation improvements on existing products remains split between drilling and production applications.

Wintershall becomes Brazil's fourth-largest gas producer with new license awards

Wintershall is continuing its growth course and has now been awarded exploration licenses in Brazil. In its 15th bidding round, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) has awarded interests in seven licenses to Germany's largest internationally active oil and gas producer

Top Vietnam oil company says sea tensions hurt investment

Vietnam’s state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields.

BOEM announces date for Gulf of Mexico Lease Sale 251

Lease Sale 251, scheduled to be livestreamed from New Orleans, will be the third offshore sale under the National Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2017-2022.

ExxonMobil wins eight deepwater blocks in Brazil's latest bid round

ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round.

Apache announces significant discovery at Garten prospect

Apache Corporation has announced a significant oil discovery on Block 9/18a Area-W in the United Kingdom sector of the North Sea. Garten is located 6 km south of the Beryl Alpha Platform.

Statoil awarded four blocks offshore Brazil

Statoil and partners were the high bidders for four blocks in the Campos basin in Brazil’s 15th licensing round held on March 29. With the new licenses, Statoil strengthens its position in Brazil and increases synergies with current projects.

BOEM to open call for information, nominations for proposed Beaufort Sea lease sale

The Bureau of Ocean Energy Management (BOEM) has announced it will publish in the Federal Register a call for information and nominations covering a proposed lease sale in Alaska’s Beaufort Sea Planning Area in 2019.

Repsol selects Emerson for multi-year exploration technology contract

Emerson has announced that it has signed a multi-year contract with Repsol to provide its Paradigm E&P software suite across all Repsol global exploration operations to help identify and evaluate new and existing opportunities more accurately.

Pemex, Lewis Energy sign contract for assessment and development of Olmos field

Petróleos Mexicanos and Lewis Energy México signed the first Integrated Exploration and Extraction Contract (CSIEE) for Olmos field, which is located in the state of Coahuila. The purpose is to assess and develop the Eagle Ford field in Mexico.

SDX Energy spuds Ibn Yunus-1X well in Egypt's South Disouq

SDX Energy Inc., the North Africa focused oil and gas company, has announced that it has spud its Ibn Yunus-1X exploration well at South Disouq, Egypt.

Wintershall strikes gas southwest of Aasta Hansteen field

Wintershall Norge AS, operator of production licence 894, is in the process of concluding the drilling of wildcat well 6604/5-1. The well has been drilled about 115 km southwest of Aasta Hansteen field in the northern part of the Norwegian Sea.

Spirit Energy discovers oil northwest of Gjøa field in the North Sea

Spirit Energy Norge AS, operator of production licence 682, is in the process of completing the drilling of wildcat wells 35/9-13 and 35/9-14 and appraisal well 35/9-14 A on the Måløy slope in the North Sea.

Argentina to tender shale train to develop Vaca Muerta drilling

Argentina is readying a tender for a $500 million train line that could help unlock the potential of Vaca Muerta, one of the world’s biggest shale plays, Transport Minister Guillermo Dietrich said in an interview.

Interior announces results of Gulf of Mexico region-wide oil, gas lease sale

In support of President Donald J. Trump's America-First Offshore Energy Strategy, Interior Assistant Secretary for Land and Minerals Management Joe Balash has announced that region-wide Gulf of Mexico Lease Sale 250 generated $124,763,581 in high bids for 148 tracts covering 815,403 acres in federal waters of the Gulf of Mexico.

NOIA: Gulf of Mexico Lease Sale 250 results reflect slowly improving market conditions

National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement following today’s Gulf of Mexico Lease Sale 250:

EMGC '18: Eni Chief sees rapid development of Eastern Med gas with Zohr

Opening Day 1 of Gulf Publishing Company's fifth annual Eastern Mediterranean Gas Conference (EMGC) on March 21 was Yiorgos Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism for the Republic of Cyprus.