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Oil & Gas Exploration News
December 26, 2008
Heritage hints at Uganda's largest oil field
Concluding a fifth successful test of the Victoria Nile delta play fairway within the Albertine Graben Heritage Oil’s Buffalo 1 exploration well ... more
December 26, 2008
Oilex indicates 108m gross oil pay in Al Jumd 1 - Oman
Perth-based explorer Oilex says it has had some very encouraging indications from its Al Jumd 1 wildcat in the northern sector of the 5,809 sq ... more
December 25, 2008
Ophir Energy says Bythos 1 is a gas discovery – Equatorial Guinea
Local sources suggest that Ophir Energy has made a gas discovery with new-field wildcat Bythos 1, its second of a possible four-well exploration ... more
December 25, 2008
Total to develop South Sulige to tune of $1.5-$2 billion - China
Total has submitted an Overall Development Plan (ODP) to PetroChina after a final investment decision on South Sulige field project in the Ordos ... more
December 24, 2008
Petrobras makes oil discovery in Camamu-Almada Basin - Brazil
An offshore wildcat drilled by Petrobras in the Camamu-Almada Basin has been completed as an oil discovery. Spudded in 495m of water by the Diamond ... more
December 24, 2008
Arabian Gulf Oil Co in Ghadames Basin gas/condensate find - Libya
Although the well was completed in April 2008, only now has Arabian Gulf Oil Company (Agoco) confirmed that its D1-NC7A new field wildcat drilled ... more
December 23, 2008
Maersk spuds high-potential prospect on Tail End Graben - Denmark
A wildcat is being drilled by Maersk Oil & Gas on its Gita prospect, which is testing a new play on the Danish Shelf. The "Ensco 101" J/U spudded ... more
December 23, 2008
Seventh Bid Round draws poor response - Algeria
ALNAFT, the Algerian National Agency for the Valorisation of Hydrocarbons Resources, has awarded four licenses during the bid opening ceremony ... more
December 22, 2008
ENARSA and Lukoil sign MOU for investment of US$ 500 million - Argentina
Lukoil has signed a Memorandum of Understanding (MOU) with ENARSA calling for the investment of roughly US$ 500 million in Argentina, according ... more
December 22, 2008
Sinopec considering bid for Urals Energy - Russia
Russian media claims that China's Sinopec is in talks to submit a bid of around US$ 133 million for Urals Energy before year-end 2008.~LT~br ... more
December 19, 2008
BG; Kazakhmunaygaz link for upstream cooperation - Kazakhstan
Building on its 15-year association with Kazakhstan in which it has become joint operator of the giant Karachaganak gas/condensate field and ... more
December 19, 2008
New Zealand offers eight offshore blocks
Energy and Resources Minister Gerry Brownlee has opened eight offshore blocks for bidding for new petroleum exploration permits across two large ... more
December 18, 2008
StatoilHydro ASA tests Brage exploration well for 15,000 bo/d - Norway
An exploration well targeting the Knockandoo prospect on the north-west flank of the Brage field has been successfully completed by StatoilHydro. ... more
December 18, 2008
Turkmenneft makes oil discovery near Korpeje field - Turkmenistan
An exploration well drilled by Turkmenneft south-west of the Korpeje oil field in Western Turkmenistan has been completed as an oil discovery.~LT~br ... more
December 17, 2008
Provincial Government of Neuquen creating new state company - Argentina
In action that is expected to precede an early 2009 offering, the government of the Neuquen Province is preparing a decree whereby most of the ... more
December 17, 2008
Petrofield signs three cooperation agreements - Iran
At the beginning of December 2008, Iran and a Malaysian company Petrofield LNG Co, signed three cooperation agreements worth a reported US$ 14-16 ... more
December 16, 2008
Heritage says Kingfisher is largest oil discovery in Sub-Saharan East Africa - Uganda
Based on the results of the Kingfisher 3 well in Block 3A, a well that marks the end of appraisal drilling on the field, operator Heritage Oil ... more
December 16, 2008
Truong Son JOC brings Song Doc field onstream - Vietnam
Marking the first production for Talisman Energy in Vietnam, Truong Son Joint Operating Company (TSJOC) has brought the Song Doc oil field in ... more
December 15, 2008
Niko Resources Ltd acquiring 2,000 sq km 3D offshore Pakistan
Niko Resources has begun a 2,000 sq km 3D survey over its Indus Delta acreage using the Wavefield Inseis ASA "Geowave Champion" S/V. ... more
December 15, 2008
Tullow proves north-west extension of Jubilee field - Ghana
The first of five planned wells in the Deepwater Tano license has, according to technical operator Anadarko, been completed as a successful appraisal.  ... more
December 12, 2008
Petrobras begins production in Marlim Leste - Brazil
A deepwater oil field discovered in the Campos Basin more than 20 years ago has been brought onstream by Petrobras. The FPSO "P-53" in the Marlim ... more
December 12, 2008
ALNEFT withdraws Ahnet permit from bid round - Algeria
Licensing agency ALNAFT reports that upon analysis of the offers received and following requests of companies relating to contractual terms it ... more
December 11, 2008
Murphy to begin Kikeh gas production prior to year-end - Malaysia
Associated gas production is expected to begin shortly from Murphy Oil's Kikeh field in deepwater Block K, offshore Sabah, after start up was ... more
December 11, 2008
Ministers hint at second round - Iraq
Even though the country’s first licensing round has yet to be concluded, oil minister Hussein al-Shahristani, speaking on the sidelines of an ... more
December 10, 2008
Melrose to study Galata gas storage potential - Bulgaria
Melrose Resources signed a Memorandum of Understanding with Bulgargaz the Bulgarian state-owned gas utility late 2007 under which the two companies ... more
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