Russian oil company Tatneft will resume operations in Libya in 2014, as follows from the documents seen by Prime on April 2.
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
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.
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.
Kazakh Prime Minsiter Serik Akhmetov has instructed the government to come up with suggestions to increase investment attractiveness of the geological exploration industry.
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.
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.
The Russian natural resources ministry has suggested that geological exploration should be eligible to tax deductions, minister Sergey Donskoy said in an interview with Gazeta.ru.
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.
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