Onshore Exploration News


ExxonMobil Wins 3 Blocks Off Argentina

Apr 17, 2019

U.S. oil major Exxon Mobil Corp said  that its unit and an affiliate of Qatar Petroleum had won three exploration blocks offshore Argentina.ExxonMobil has increased holdings in Argentina after its subsidiary ExxonMobil Argentina Offshore Investments B…

AMS Wins Hornsea Two Gig

Apr 05, 2019

AMS Trenchless Specialists, North Lincolnshire-based engineering company, has won a huge contract for part of the onshore cable works for Hornsea Two, an offshore wind farm being constructed 89km off the Yorkshire Coast.AMS Trenchless Specialists…

US Lease Sale a Test for Drilling Demand

Mar 20, 2019

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico on Wednesday, in a fresh test of demand from drillers that have lately been shying away from the region.The outcome of the lease sale…

Eni Makes Major Oil Find Offshore Angola

Mar 13, 2019

Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated…

Repsol Unveils Big Gas Discovery in Indonesia

Feb 22, 2019

Spanish energy giant Repsol has made a substantial natural gas discovery in Indonesia along with its partners, Malaysia's Petronas and Japan's Mitsui Oil Exploration (Moeco).The company described the discovery in South Sumatra as 'the largest…

McDermott Bags Pan Malaysia Jobs

Feb 19, 2019

American multinational McDermott International has announced Malaysian offshore projects contracts for developing pan Malaysia oil fields.One contracts was from Sarawak Shell Berhad and the other from Sapura Exploration and production, a press…

Anadarko, Bharat Petroleum Sign LNG Deal

Feb 17, 2019

American petroleum and natural gas exploration and production company Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources (BGR) for the supply of liquefied natural gas (LNG) volumes from the Mozambique LNG development…

Croatia Publishes Tender for Oil and Gas Exploration

Feb 11, 2019

Croatia published a tender for gas and oil exploration in mountainous areas of the country's central and southern regions, the state hydrocarbon agency said on Monday.'The deadline for submitting bids is Sept.10, 2019 at 1200(1000 GMT). A tentative deadline for awarding licences is December…

ADNOC, US Firm Sign USD 244mln Deal

Feb 03, 2019

Abu Dhabi National Oil Co. (ADNOC) said it awarded an onshore block, known as Onshore Block 3 to US-based oil and gas exploration and production company Occidental Petroleum.The award has been endorsed by Abu Dhabi’s Supreme Petroleum Council (SPC)…

FLNG Market Oversupplied

Jan 30, 2019

Floating liquefied natural gas (FLNG) projects may have peaked already amid intensifying competition in the LNG space, a  review of the global FLNG sector released by global natural resources consultancy Wood Mackenzie has suggested.In a world requiring tight capital discipline…

Total Plans Biggest Exploration Drive in Years

Jan 29, 2019

Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that is ditching the company's focus on risky long-shots in favor of areas known to contain commercial levels of oil or gas.The French major aims to drill 23 wells this year…

Inpex Wins Exploration Acreage Offshore Norway

Jan 20, 2019

Japan’s Inpex Corporation, through its unit Inpex Norge bagged two exploration licenses offshore Norway in Norway’s Awards in Predefined Areas (APA) 2018 licensing round.The PL1027is located in the western Barents Sea offshore and PL1016 is…

Woodside Boosts Spending for Next Leg of Growth

Jan 17, 2019

Australia's Woodside Petroleum Ltd on Thursday flagged higher-than-expected investment spending for 2019 as it steps up early work on the two big natural gas developments that will drive its growth in the next decade.Australia's largest independent gas and oil producer plans to spend between $1…

Offshore Service Market to Outspace Onshore Shale

Jan 17, 2019

Spending on the offshore service sector will outpace spending on the onshore shale sector this year, said Rystad Energy.According to Rystad's Oilfield Service Research report, service companies exposed to the offshore subsea market and the maintenance…

BP Partners with Eni For Exploring Oman Block

Jan 15, 2019

British multinational oil and gas company BP and Italian oil and gas giant ENI have signed a heads of agreement with the Ministry of Oil & Gas of Oman to explore Block 77 in central Oman.In addition, Eni has signed with the Ministry of Oil &…

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