Search for exploration

02.04.2014 Russia’s Tatneft to drill in Libya in 2014

Russian oil company Tatneft will resume operations in Libya in 2014, as follows from the documents seen by Prime on April 2.

02.04.2014 Husky upbeat on gas potential in South China Sea

The deepwater regions of the northern South China Sea have big gas exploration potential and are only in an early stage of development, a senior manager of Husky Energy, which discovered the mainland's first major deep-sea natural gas field, said on April 1, South China

14.03.2014 Russia’s Soyuzneftegaz offshore exploration in Syria to take five years

Chairman of the board of Russian energy company Soyuzneftegaz Yuri Shafranik believes that exploration of oil fields in Syrian territorial waters will take no less than five years, Itar-Tass reported on March 13.

05.03.2014 Kuwait to raise oil production capacity

Kuwait plans to raise its oil production capacity by 150,000 barrels per day to 3.4 million bpd by mid-2015, a top oil executive in the oil-rich Gulf state said on March 4, AFP has reported.

26.02.2014 Kazakhstan PM Promotes More Investment In Geological Exploration

Kazakh Prime Minsiter Serik Akhmetov has instructed the government to come up with suggestions to increase investment attractiveness of the geological exploration industry.

24.02.2014 Swedish Petrogrand to cooperate with Russia’s Gazprom Neft in exploration activities

Petrogrand AB and Gazprom Neft on February 21 entered a cooperation agreement to jointly work for the exploration of the license area Nizhnepaninsky and Muromsky 2, Petrogrand’s press office has said.

24.02.2014 Ganope to invest $58mn in Upper Egypt exploration

Ganoub El-Wadi Petroleum Holding Company (Ganope) is targeting to invest $58m in oil exploration and research in the South Valley region, Upper Egypt during the 2014/2015 fiscal year, Daily News Egypt reported on February 23, citing Chairman of Ganope Mostafa Safwat.

11.02.2014 Russian natural resources ministry suggests tax deductions to stimulate exploration

The Russian natural resources ministry has suggested that geological exploration should be eligible to tax deductions, minister Sergey Donskoy said in an interview with

28.01.2014 Russia discovers 26 oil and gas deposits in 2013

The state geological service Rosnedra has reported at a meeting at the Russian Natural Resources and Environment Ministry that 23 oil and three oil and gas deposits were discovered in 2013, the Ministry’s press service has said. These are preliminary data.

26.12.2013 Lukoil Favors Allowing Foreign Companies to Explore Russian Shelf

Lukoil has proposed that foreign service companies be allowed access to conducting geological surveys in Russian territorial waters in the Baltic Sea, Terminal has reported, citing Lukoil recommendations presented at a meeting hosted by the Russian Natural Resources Mini