Exploration
News
April 08, 2022
The difference in business models of shale wells and offshore projects explains why it’s so difficult for oil giants such as Shell to quickly ramp up production when geopolitical disruptions like Russia’s war in Ukraine upend markets.
News
April 07, 2022
The Government of Canada approved the environmental assessment of the Bay du Nord development project as recommended by the Impact Assessment Agency of Canada in August 2021.
News
April 06, 2022
Canada has given the green light to a $12 billion offshore oil project proposed by Norway’s Equinor ASA, handing a major win to an industry that has grappled with slumping investment and tougher climate policy.
News
April 06, 2022
Searcher Seimic’s rigorous application of modern technology to 20-year-old data sets from oil fields offshore Nova Scotia, Canada, should reveal numerous additional drill-ready prospects.
News
April 04, 2022
The company’s fourth, and largest, project in the Stabroek Block offshore Guyana is expected to produce approximately 250,000 bpd starting in 2025.
News
March 28, 2022
Exxon Mobil Corp. drilled a so-called dry hole off the Brazilian coast, a rare setback in the oil titan’s effort to expand its South American crude reserves.
News
March 25, 2022
Santos announced the Pavo-1 exploration well has confirmed a significant oil discovery 46 kilometers (29 miles) east of the Dorado field in the Bedout Sub-basin, offshore Western Australia.
News
March 24, 2022
The Canadian government delayed bids for oil exploration off the coast of Newfoundland and Labrador by up to 90 days, leading industry groups to warn that continuous regulatory delays could turn away investors.
News
March 22, 2022
TotalEnergies SE is working on a plan to develop gas discoveries in South Africa with its partners and the government, according to its managing director in the country.
News
March 21, 2022
Neptune Energy and its partners announced hydrocarbons were encountered at the Hamlet exploration well in the Norwegian sector of the North Sea.
News
March 21, 2022
Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia.
News
March 18, 2022
The UK's offshore energy industry has welcomed a speech by Boris Johnson warning that it would be “crazy” to shut down North Sea oil and gas production in the face of global shortages and price spikes.
News
March 14, 2022
A new gas field found under the North Sea off East Anglia has this week produced its ‘first gas’ – and more such developments are on the way, according to IOG.
News
March 02, 2022
The African Energy Chamber sat with Ian Cloke, COO Afentra, to discuss the potential of what could engineer Namibia’s new era of hydrocarbon exploration and production for the country.
News
March 01, 2022
Neptune Energy and partners announced drilling has commenced on the Hamlet exploration well in the Norwegian sector of the North Sea.
News
February 21, 2022
Somalia has signed a deal with Coastline Exploration Ltd. to search for hydrocarbon offshore that it expects to generate millions of dollars in revenue.
News
February 21, 2022
TotalEnergies and APA Corporation have made a significant new oil and associated gas discovery at the Krabdagu-1 well, in the central area of Block 58, offshore Suriname.
News
February 17, 2022
The Gambia, Ministry of Petroleum and Energy, has launched the Request for Proposals (RFP) for the A1 licensing round. The deadline for submission of bids is June 6, 2022.
News
February 04, 2022
Royal Dutch Shell Plc has made an oil discovery in Namibia, an area where previous explorers have largely failed to find commercial resources.
News
January 28, 2022
The sale of offshore oil and gas leases on more than 80 million acres in the Gulf of Mexico was canceled by a U.S. judge who ordered regulators to take a harder look at the impact on climate change.
