UK North Sea exploration well spudded
Drilling has got under way on the Rowallan exploration well in the central North Sea, project partners said today.
exploration
Updated: Exploration fears persist despite ‘encouraging’ UK licensing round
The UK oil industry’s regulator said today that it was “encouraged” by the response to the latest North Sea frontier licensing round.
Experts call for more realistic UK oil exploration ambitions
Just over a fifth of oil produced over the last decade in the UK has been replaced through exploration, a new report said.
Neptune appoints new head of exploration from Aker BP
North Sea oil firm Neptune Energy has appointed a new head of exploration.
Time is right for oil companies to explore, Westwood Global says
A combination of higher crude prices, lower costs and less competition means the time is right for oil firms to go exploring, a new report said.
BP and Kosmos partnership win exploration rights off West African coast
A partnership of BP and Kosmos Energy has won the rights to exploration areas off the coast of West Africa, according to a news report.
Oil veteran calls for renewed focus on North Sea exploration
Energy industry veteran Algy Cluff has called for a renewed focus on maximinsing recovery of North Sea oil and gas reserves.
Europa ready to start work on licences after extensions granted
The Irish Government has extended two of Europa Oil and Gas' exploration licences by two years to July 2019.
North Sea oil and gas industry finally ‘coming up for air’
The North Sea is finally "coming up for air" after a tough two years, according to a leading industry expert.
E&P firm VNG awards FEED contracts to Subsea 7, Technip FMC, and Aker Solutions
Gas exploration and production (E&P) firm VNG has awarded Front End Engineering and Design (FEED) contracts to Subsea 7, Technip FMC, and Aker Solutions
Iraq to look offshore in bid to increase OPEC reserves
Iraq is to start offshore exploration in a bid boot its OPEC reserves, the country's oil minister has claimed.
Statoil to increase exploration drilling by 30% in 2017
Statoil today confirmed it would increase its exploration drilling by 30% in 2017.
SeaBird Explorer warns it may lay up further vessels
SeaBird Exploration has warned it may have to lay up further vessels as it reduces its fleet capacity.
African oil explorers poised for comeback after drilling low
Chariot Oil & Gas Ltd. plans to drill its first well in at least three years in 2017 off Morocco as African oil and gas explorers meeting in Cape Town this week ponder the potential for an industry renaissance.
Statoil plans to intensify efforts to extend life of Norne field
Statoil said it plans to intensify its efforts to extend the life of the Norne field.
Hopes raised over UK Gov North Sea exploration incentives
Hopes have been raised that the UK Government is looking at bringing forward incentives to encourage North Sea exploration.
Hybrid airship to be used in Alaskan oil and gas exploration
A first of its kind airship created by Lockheed Martin is to be used in Alaska and Northern Canada to support work in mining, petroleum exploration and production.
Norway gives Lundin green light for Barents Sea exploration well
Norway’s Petroleum Safety Authority has given Lundin Petroleum permission to drill an exploration well in the Barents Sea.
LGO Energy starts production from new Trinidad well
LGO Energy has started production from the GY-277 oil well, the fourth of its planned heavy work-overs at the Goudron Field in Trinidad.
Owner of north-east geoscience start-up rises to North Sea exploration challenge
North Sea oil and gas companies who need help turning projects around quickly would be well advised to look up Kinga Wroblewska.
Centrica adjusted earnings down 14%, on oil price and “extreme weather” impact
Centrica said its adjusted earnings were down 14% to £507million impacted by "extreme warm weather" in North America as well as the impact of low commodity prices on exploration and production.
EnQuest confirms oil discovery from North Sea Eagle exploration well
EnQuest has confirmed an oil discovery at its Eagle exploration well in the North Sea.
Global exploration drilling down by nearly three-quarters on 2014
Global exploration drilling during 2016 is forecast to be down by 73% on the 2014 level, with discovered oil volumes hitting their lowest point this decade.
BP exploration boss heads for the exit
BP head of exploration Richard Herbert is leaving the oil major after slightly more than two years in the job, a period in which the company slashed spending on the search for new deposits.
Trinity Exploration agrees repayment extension
Trinity Exploration said it has agreed a further extension to the moratorium on principal repayments.