Exploration, Drilling and New Finds - Page 1

Statoil acquires BP's offshore exploration licences in Australia
Friday, May 17, 2013 Statoil has signed a farm-in agreement with BP to buy a 30% equity interest in four exploration licences offshore of South...

BP secures deepwater exploration blocks in bidding round in Brazil
Thursday, May 16, 2013 UK-based BP, along with its partners Total, Petrobras and Petrogal, has secured exploration rights for eight deepwater blocks offshore of Brazil, in the Brazilian National Petroleum...

Noble secures jackup rig contract for Statoil's Mariner oil field
Thursday, May 16, 2013 Switzerland-based Noble has secured a drilling contract from Statoil for a newbuild ultra-high specification jackup rig for the Mariner field in the UK sector of the North...

BP to commence proposed deepwater drilling in Australia in 2015-2016
Wednesday, May 15, 2013 UK-based BP has announced it is planning to begin deepwater drilling off southern Australia in late 2015 or early 2016 and will obtain a drilling rig by the end of...

Karoon Gas Australia expands Bilby-1 discovery, offshore of Brazil
Tuesday, May 14, 2013 Karoon Gas Australia revealed that it has expanded the Bilby-1 oil discovery, offshore of Brazil, with a proven oil column of 320...

Canada to control Arctic Council; aboriginals demand moratorium on energy
Tuesday, May 14, 2013 Leaders from the eight circumpolar nations will meet on Wednesday and hand chairmanship of the Arctic Council to Canada. The meeting comes after a growing number of Arctic aboriginals demanded...

Statoil approves Julia field development in Gulf of Mexico
Monday, May 13, 2013 Multinational oil and gas majors Statoil and ExxonMobil have decided to approve the development of the Julia field in the Gulf of...

Kongsberg to supply vessel simulators for training centre in Nigeria
Monday, May 13, 2013 Norway-based technology company Kongsberg Maritime has secured a multimillion dollar contract from PEM Offshore to deliver a full suite of offshore vessel...

PETRONAS to buy offshore blocks in Campos Basin, Brazil
Friday, May 10, 2013 PETRONAS Brasil, a subsidiary of Malaysian oil and gas company Petroliam Nasional Berhad (PETRONAS), has signed an agreement with OGX Petroleo e Gas (OGX) to buy its interest in two offshore...

Shell to drill deepest offshore well in Gulf of Mexico
Friday, May 10, 2013 Royal Dutch Shell announced that it has decided to proceed with its plan to develop the world's deepest production facility, the Stones ultra-deepwater project, in the Gulf of...

Petrobras finds oil in Santos Basin, offshore Brazil
Thursday, May 09, 2013 Brazil's state-run oil company, Petroleo Brasileiro (Petrobras), has discovered oil in a subsalt area of the Santos Basin, offshore of Brazil, it was revealed in a securities filing by the...

Boskalis wins installation contract for Shell's Malampaya Project
Thursday, May 09, 2013 Netherlands-based maritime infrastructure company Royal BoskalisWestminster has secured an offshore depletion compression platform installation contract for Shell Philippines...

Lundin Norway begins drilling appraisal well at Johan Sverdrup discovery
Wednesday, May 08, 2013 Lundin Norway, a wholly-owned subsidiary of Lundin Petroleum, has started drilling of appraisal well 16/2-21 in the North Sea sector of the Norwegian Continental Shelf...

US coastal governors favour more drilling to boost economy
Wednesday, May 08, 2013 Governors of coastal states in the US have voiced their support for more offshore drilling and said they want to benefit from the economic advantages it...

Regulations, operating costs impede US oil and gas operators, says study
Tuesday, May 07, 2013 Strict post-Macondo regulations have impeded US oil and gas operators' appetites to take risks and left them worried about rising operating costs, according to a new research report released by...

PETRONAS drills Cendor Graben-2 well, offshore Peninsula Malaysia
Tuesday, May 07, 2013 PETRONAS announced that it has completed drilling of the Cendor Graben-2 appraisal well within Block PM304, offshore of the Peninsula...

BG Group completes drill stem test in Block 1, offshore Tanzania
Friday, May 03, 2013 UK-based multinational oil and gas company BG Group has said that it has completed a drill stem test in Block 1, offshore of...

GDF SUEZ cuts first steel on jackets for Cygnus field
Friday, May 03, 2013 GDF SUEZ E&P UK, along with its partners Centrica Energy and Bayerngas, has cut the first steel for construction of the jackets on the Cygnus gas field project in the North...

First oil flows from Apache's Tonto field in North Sea
Thursday, May 02, 2013 US-based oil and gas exploration company Apache has announced that its Tonto oil field, in the UK sector of the North Sea, has started its first oil...

Lebanon opens first offshore oil and gas licensing round
Thursday, May 02, 2013 The Lebanese Government opened the first oil and gas licensing round for offshore drilling and exploration in the east Mediterranean on 30...