Limassol, Cyprus. Total has installed an operations base at the port in preparation for drilling in Block 11. (PA) Exploration & Production

Cyprus centre stage in challenging East Med picture

The efforts of Israel, Lebanon and Turkey to develop their offshore resources could hinder Cyprus from tapping its own acreage.

By James Gavin 22 June 2017
Exploration & Production

Trinidad stays calm as storm clouds gather

Trinidad’s government is optimistic about the future, despite gas output falling by more than 20% since 2013.

19 June 2017
Exploration & Production

Brussels OKs Chrysaor's acquisition of Shell North Sea assets

The European Commission has approved Chrysaor Holdings' acquisition of sole control over Shell’s northern North Sea petroleum business.

16 June 2017
The services base in Limassol in southern Cyprus is ready for Total to use. (Flickr/US Navy) Exploration & Production

Total to drill in Cyprus now services base ready

The services base in Limassol in southern Cyprus is ready for Total to use, which could see exploration begin within weeks.

16 June 2017
Exploration & Production

Asia Pacific rig count drops by 9% in May

The Asia Pacific rig count fell by 9% in May month on month following six months of growth.

16 June 2017
The launch of the third bidding session for Round 2 last year. The fourth session is expected in December. (Sener) Exploration & Production

Mexico to offer 70 shale blocks in December – source

Mexican authorities are gearing up to offer around 70 blocks in the country’s inaugural shale round. It is an ambitious plan, say experts.

16 June 2017
Woodside’s North Rankin Complex offshore Western Australia. (Woodside) Exploration & Production

End in sight for Aussie exploration investment famine

Australia is pressing on with licensing rounds in the hope of bringing international investment back to its exploration sector.

16 June 2017
Exploration & Production

Repsol to invest $1 bln in Bolivian gas fields

Spanish giant Repsol will invest around $1 billion until 2021 to explore gas fields in southern Bolivia.

15 June 2017
Exploration & Production

China producing 6.8 Mcm/d of methane hydrates in SCS

China is producing 6.8 thousand cubic metres of gas every day from methane hydrate deposits beneath the South China Sea

14 June 2017
Exploration & Production

Five discoveries made in Pakistan over past four months – minister

Oil and gas companies have made five new discoveries in Pakistan over the past four months.

14 June 2017
Exploration & Production

National Iranian Drilling Co. to invite bids for seismic profiling

National Iranian Drilling Co. will invite bids for a vertical seismic profile to be used to assess all offshore and onshore oil and gas fields in Iran.

14 June 2017
Exploration & Production

Wentworth begins farm-in process in northern Mozambique

Wentworth Resources has started the process to farm into the Tembo 1 gas asset in the Rovuma Basin in northern Mozambique.

14 June 2017
Exploration & Production

China’s NDRC approves Texas shale purchase

China’s National Development and Reform Commission has approved Guanghui Energy’s plan to buy a shale gas project in Barnett, Texas, for $200 million.

13 June 2017
Exploration & Production

CNOOC South China Sea gas sales for 2017 hit 1.5 bcm

China National Offshore Oil Corp. sold 1.5 bcm of gas from offshore fields in the South China Sea in the first five months of 2017, up by 21% year on year.

13 June 2017
Exploration & Production

Indonesian companies to buy Masela gas for power and industry

Indonesian state power company PLN and fertiliser company PT Pupuk Indonesia will purchase gas from the Masela Block development.

13 June 2017
Exploration & Production

Sarawak govt taking greater role in exploration and development

The government of the Malaysian state of Sarawak is set to establish a state-owned company to explore and develop resources in the state’s territorial waters.

13 June 2017
A well in the Vaca Muerta shale gas formation. Producers in the play are maximising their output. (YPF) Exploration & Production

Vaca Muerta’s producers drive ‘radical change’

Argentina’s drillers may have finally cracked Vaca Muerta. The secret to their success? Horizontal wells and longer laterals.

13 June 2017
Exploration & Production

Encana sells Piceance assets to Cearus

Canada’s Encana has reached an agreement to sell its Piceance Basin gas assets in northwestern Colorado to Denver-based Caerus Oil and Gas for $750 million.

12 June 2017
Exploration & Production

Sound Energy starts testing Koba 1 well in Morocco

Sound Energy has started testing the Koba 1 well at the company’s Sidi Moktar concession onshore Morocco, the company said in a statement.

12 June 2017
Exploration & Production

Egdon Resources and Island Gas acquire licence in East Midlands

Egdon Resources and Island Gas have each acquired 50% interests in the PEDL278 licence in the East Midlands from Celtique Energie Petroleum and Investcan.

12 June 2017
Exploration & Production

Thailand halts oil and gas production on Sor Por Kor land

Thailand’s Department of Mineral Fuels, part of the country’s Energy Ministry, has stopped production at all oil and gas projects that overlap Sor Por Kor land.

9 June 2017

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