The State Oil Company of Azerbaijan (SOCAR) and Britain's BP company have signed an agreement to conduct geological exploration work in the shallow part of the Absheron archipelago, Khoshbakht Yusifzadeh, the First Vice-President of SOCAR told reporters on June 5, Trend
Centrica Resources has drilled two dry exploration wells, 8/10-5 S and 8/10-5 A, approx. 13 kilometres southeast of the Ula field, in the southern sector of the North Sea, Norwegian Petroleum Directorate said on May 14.
The Kazakh deputy industry and new technologies minister, Nurlan Sauranbayev, has told a briefing in Astana that 119bn tenges will be allotted from the state budget to geological exploration in 2015-2019.
KazMunaiGas Exploration Production Joint Stock Company (“KMG EP” or “the Company”) announced on May 13a new discovery in the Bashkirian tier’s sediments of the Carboniferous period in the Rozhkovskoye field.
The law authorizing the conduction of oil exploration in the forests and national parks has entered into force in Turkey, the country's Resmi Gazete newspaper reported on April 18, Trend has said.
The Xinjiang Uygur autonomous region will raise its import quota of crude oil and natural gas, encourage companies to participate in overseas energy exploration and increase local downstream projects in the resource sector, in order to build the area into the country's o
Rosnedra will invest 250mn rubles from the federal budget in geological exploration in Amur Region, which is twice as much as spent last year, the regional government has said on its website.
OMV, the integrated, international oil and gas company, is consolidating its commitment to oil and gas production in Lower Austria, its press office said on April 8.
OMV is taking the next step to expand its exploration business in Sub-Saharan Africa by entering an offshore exploration project in Namibia, OMV’s press office said on April 3.
Croatia published an international tender for oil and gas exploration blocks in the Adriatic on Wednesday, hoping to attract major oil firms and start production in five years despite protests from local environmental groups, Reuters reported on April 2.