Search for exploration

21.10.2013 Indonesian Offshore Services Benefit from Gas Exploration

Offshore marine services have the potential for further investment considering at least 18 new oil and gas blocks are set for exploration in the coming years, Jakarta Post reported on October 18, citing the Indonesian National Shipowners Association (INSA).

18.10.2013 Brazil Army To Help Beef Up Security of Oil Auction

The Brazilian army will help beef up security of Monday's planned auction of exploration rights to the Libra offshore oil area, the country's Defense Ministry said.

17.10.2013 Gazprom Neft to Drill Exploratory Wells at Iraqi Block Next Year

A new world seismic surveying record has been set on the Gazprom Neft operated Shakal block in Iraq, Gazprom Neft said on October 16. During the seismic study, data was transmitted from more than 6,200 sensors using RT System 2 wireless recording.

17.10.2013 Colombia’s Ecopetrol to Stay in Peru

Colombia's Ecopetrol plans to continue operating in Peru, although will not going forward to develop four exploratory oil blocks in the neighboring South American country, Reuters reported on October 16, citing a spokesman for the state-run energy firm.

15.10.2013 Oilex Obtains Exploration Permits in Australia’s Canning Basin

Oilex has been awarded two exploration permits in the Canning Basin, one of Australia’s most exciting shale plays, Proactive Investors reported on October 14.

07.10.2013 Uzbekneftegaz to Invest $200mn in Heavy Oil Exploration by 2021

The national holding company Uzbekneftegaz will invest some $200mn in geological prospecting to find heavy oil in the south and east of Uzbekistan.

04.10.2013 New Well Commissioned in Guneshli

The Azerbaijani state company SOCAR has commissioned a well in the shallow part of the Guneshli field.

Well No 259 had been drilled from offshore structure No 14, said SOCAR. The daily production rate after maintenance amounts to 80 tons of oil.

04.10.2013 Shelton Petroleum Posts Record Flow Rate from New Oil Well

The fourth well on the Rustamovskoye oil field in Russia has been taken into production with an initial flow rate exceeding 300 barrels per day, which is significantly higher than the field’s previous wells, Shelton Petroleum said in a press release on October 3.

01.10.2013 Petrominerales Announces Acquisition By Pacific Rubiales And Formation Of Brazil Focused Exploration Company

Petrominerales (TSX:PMG) (BVC:PMGC) has entered into an agreement with Pacific Rubiales Energy Corp.

01.10.2013 Total Acquires Offshore Exploration Interests in South Africa

Total has received approval from the South African authorities and has completed the acquisition of a 50% interest in Block 11B/12B, from CNR International (South Africa) Ltd., a wholly owned subsidiary of Canadian Natural Resources Limited, the company reported in a new