Geology News


CNPC to Develop New Shale Oilfield

Feb 28, 2019

China's state-owned CNPC has started developing a new offshore shale oilfield near the Bohai Rim Basin, the company said via its official newspaper on Thursday.CNPC aims to produce 50,000 tonnes of shale oil from the Bohai Rim Basin in 2019…

Glengorm Discovery Highlights UKCS Potential

Jan 29, 2019

CNOOC announced Tuesday it has made a significant discovery on the Glengorm prospect, located in the Central North Sea of the U.K. continental shelf (UKCS), with recoverable resources estimated at close to 250 million barrels of oil equivalent…

Talos Comes Up Big Offshore Mexico

Jan 24, 2019

An appraisal well in the Zama project offshore Mexico showed more potential for oil, raising hopes of a large discovery, operator Talos Energy said on Thursday.The Zama project in Block 7 offshore Mexico is operated by Talos, whose partners include Sierra Oil and Gas and Premier Oil…

Lebanon 2nd Offshore Licensing Announced

Dec 23, 2018

The Ministry of Energy & Water in Lebanon together with the Lebanese Petroleum Administration announced via their website the recommended blocks for bidding during the Lebanese 2nd licensing round for hydrocarbon exploration offshore Lebanon…

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