A BP platform off the African coast. The company may be stymied by political hurdles in Mauritania. (BP plc) Exploration & Production

BP ups Tortue share, but progress may be slowing

The UK major is trying to accelerate the development the West African discovery, but its progress may be stymied by local politics.

By Miriam Malek 28 April 2017
Exploration & Production

Iran and Total to sign South Pars Phase 11 deal

Iran will sign a deal with Total for Phase 11 of South Pars within the next month, Iran’s Deputy Oil Minister for International Affairs and Trade Amir Hossein Zamaninia has said.

25 April 2017
Exploration & Production

Small pools key to relaunching North Sea – Algy Cluff

The estimated 3.4 bboe in small pools in the North Sea could start a “North Sea phase two”, according to oil baron Algy Cluff.

25 April 2017
Exploration & Production

Exxon will not receive waiver for Russia drilling – Mnuchin

The administration of United States President Donald Trump will not give ExxonMobil permission to drill for oil and gas in Russia or make exceptions for any other American company.

24 April 2017
Exploration & Production

NIOC to reopen EPC tender for Farzad B

National Iranian Oil Co. (NIOC) plans to reopen a tender for EPC work at the Farzad B gas field, Chief Executive Ali Kardor has said.

24 April 2017
Exploration & Production

TGS to lead survey in Irish Atlantic Margin

Norwegian geoscience data company TGS will conduct a multi-client survey of a 540,000 hectare area in the Irish Atlantic Margin.

24 April 2017
Geology Without Limits will carry out a seismic survey on Iran’s Caspian Sea territory. (GWL) Exploration & Production

Exploration planned for Iranian Caspian Sea

Several IOCs are assessing the oil and gas potential of Iran’s Caspian Sea acreage, but competing territorial claims could stymie exploitation.

24 April 2017
Exploration & Production

Statoil receives consent for Barents Sea exploration

Statoil has received permission from Norway’s Petroleum Safety Authority to drill exploration well 7219/9-2 in the Kayak prospect in the Barents Sea.

21 April 2017
Location of the Groningen gas field, the Netherlands. There is little silver lining for the field’s output. (Skitterphoto) Exploration & Production

Groningen, Rough problems will boost gas prices

Continued production cuts at the Groningen gas field are reducing Dutch exports to marginal levels, increasing price volatility as well as Europe’s reliance on imported LNG and Russian gas.

21 April 2017
Exploration & Production

Petronas starts up Terengganu gas plant

Petronas has started up its Terengganu gas plant, which is capable of processing up to 19.8 MMcm/d of gas from offshore Malaysia.

20 April 2017
Exploration & Production

Ghadir Investment signs MOU to study oil and gas fields in Iran

National Iranian Oil Co. has signed a memorandum of understanding with Ghadir Investment to carry out studies at four greenfield oil and gas fields.

20 April 2017
Exploration & Production

Russia to auction Yamal blocks in June

The Russian government will auction a number of blocks on the Yamal peninsula on 9 June.

20 April 2017
Exploration & Production

Dutch government to cut Groningen gas production by 10%

Dutch Minister of Economic Development Henk Kamp is planning to reduce gas production at the Groningen gas field by 10% starting from October 2017.

20 April 2017
A well in the Vaca Muerta shale play. Argentina is offering generous incentives to drill there. (YPF) Exploration & Production

Great offers in Vaca Muerta – for a limited time only

Now is a great time for companies to plant a flag in Argentina’s Vaca Muerta formation, but the rewards on offer will not be around forever.

20 April 2017
Exploration & Production

Asia Pacific rig count increases by two in March

The number of rigs exploring for gas in the Asia Pacific region increased by 4% month on month in March, to reach a total of 50.

20 April 2017
Exploration & Production

Sinopec flows 191.5 Mcm from Fuling shale well

Sinopec has flowed 191,500 cubic metres from the Jiaoye 90-2HF well in the Fuling shale gas field.

19 April 2017
Exploration & Production

CNOOC to offer 22 offshore blocks for joint cooperation

China National Offshore Oil Corp. will make 22 offshore blocks covering an area of 4.72 million hectares available for joint cooperation with foreign companies.

19 April 2017
Exploration & Production

Iran signs with GWL for 2D seismic survey of Caspian acreage

Iran has selected Geology Without Limits to acquire about 4,800 km of 2D seismic, marine gravity and magnetic data in the Iranian sector of the Caspian Sea.

19 April 2017
Exploration & Production

Texan gas bonanza keeps growing

The latest assessment of recoverable gas in the Bossier and Haynesville formations is higher than proven resources in Saudi Arabia.

19 April 2017
Exploration & Production

CNOOC and Husky sign PSC for Pearl River block

China National Offshore Oil Corp. has signed a production-sharing contract with Canada’s Husky Energy for Block 16/25 in China’s Pearl River Mouth Basin.

18 April 2017
Exploration & Production

SDX Energy makes Egyptian discovery

AIM-listed SDX Energy has made a gas discovery in Egypt’s Nile Delta.

18 April 2017

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