Abkhazian Offshore Oil Potential Possibly Bigger than ...

The separatist Georgian region of Abkhazia will develop its offshore oil field that lies near its coast, rebel ...

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Azerbaijan: SOCAR Authorizes License for New Well at ...

The State Oil Company of Azerbaijan has commissioned a new well at the Alyat Deniz offshore field.   Source: ...

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Korex Ltd. Signs Production Sharing Contract with KOEC ...

Aminex PLC announces that its associated company Korex Ltd.has signed a Production Sharing Contract with the Korea ...

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50 Billion Barrels of Oil Could Lie Offshore Greenland. ...

Federal Environment Minister Jim Prentice said Monday cordial relations with Greenland will help ensure it adheres ...

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Brazil: OGX Discovers Gas In Shallow Waters of Santos Basin

OGX Petróleo e Gás Participações S.A. identified gas and condensates in the Santonian section of well ...

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Azerbaijani Workers to Help Development of Offshore Oil ...

Azerbaijan and Dagestan intend to enhance mutually beneficial economic cooperation, Azerbaijani Prime Minister ...

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New Zealand: Kea to Pay up to $3 M in Drilling Costs ...

AWE plans to test the permit with a wildcat well, Tuatara-1, to be drilled in July using the semi-submersible Tan ...

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Tullow Goes Into Massive Offshore Exploratory Works in Africa

Tullow Oil plc (Tullow), Operator of the Jubilee Field in Ghana, is set to commence a new round of massive oil ...

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Israel: Costs of Gas Production in Tamar Field $1B ...

A British consultant’s report says that the gas pressure at the Tamar well is one of the highest in the ...

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North Sea: 2nd Phase of Don Southwest Development Commences

Valiant Petroleum plc announced that the John Shaw semi-submersible rig has now arrived on location and has begun ...

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Ensco 105 Drills Fuchsia-1 Well Offshore Tunisia

Cooper Energy announced that the Ensco 105 has spud the Fuchsia-1 well in the Gulf of Hammamet, Tunisia. The plan ...

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New Zealand: Awe Ltd. Gives Update on Tui SW-2 Well in ...

AWE Limited advises that during the last week, Tui SW-2 was drilled to a depth of 1507 metres. The 13 3/8” casing ...

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Tullow Secures Deepwater Exploration License Offshore ...

Tullow Oil plc (Tullow) announces that it has signed a Heads of Agreement with Staatsolie in relation to Block 47, ...

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Philippines: Tindalo Prospect to Deliver First Oil Soon

Australian Firm NIDO Petroleum Ltd. said it was on track to meet its target of delivering the first oil from the ...

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Universal Power Corp. Expands Oil Asset Base Offshore Namibia

Universal Power Corp. announced today that it has been awarded a Petroleum Exploration Licence (“PEL”) ...

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Norwegian sea: Faroe Petroleum Announces Kickoff of ...

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and ...

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Entek Energy Finds Hydrocarbons in Gulf of Mexico

Entek Energy Limited announced that well A-11 on NorthPadre Block 975, in which it is earning a 25% Working ...

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Norway: Statoil Strikes Gas North of Mikkel Field

Statoil has struck gas in an exploration well north of the Mikkel field in the Norwegian Sea. The discovery is ...

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Norway: Safer Drilling System in Development

In the wake of the oil disaster in the Gulf of Mexico, many are questioning the safety of offshore drilling. One ...

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Thailand: Salamander Energy Done with Development ...

Salamander Energy has successfully completed Phase IV of development drilling on the Bualuang oil field, Block ...

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SHELL Philippines Exploration in Quest for More Oil

SHELL Philippines Exploration B.V. (SPEX) has started to drill an additional exploratory well at the Malampaya gas ...

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USA: Chevron Corp. Starts Perdido Oil and Gas Production

Chevron Corp. announced that the Perdido deepwater project, located in the U.S. Gulf of Mexico, has started crude ...

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Centrica Energy Gets Go-Ahead for Norwegian Sea Drilling

Centrica Energy has received consent to conduct exploration drilling in the Norwegian Sea using the West Alpha ...

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Eastern Gulf of Mexico: Spectrum Starts Fourth Phase of ...

Oil services company Spectrum said it has started the fourth phase of its seismic programme in the eastern Gulf of ...

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USA: Lockhead Martin Thinks Big with OTEC

Lockheed Martin is progressing with Ocean Thermal Energy Conversion. Known as OTEC, this technology leverages the ...

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USA: Salazar Reveals Research Plan for Drilling ...

Federal scientists have until Oct. 1 to decide what additional research is needed to determine the effects of ...

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China: CNOOC Finds Considerable Oil Reserves in Eastern ...

CNOOC Limited announced today that the Company has successfully made an important new discovery — Penglai(PL)9-1 in ...

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