Monday, August 29, 2016
Sunday, May 31, 2015
Rare run of oil finds offers little respite offshore
(Reuters) Exploration firms have made a rare run of oil and gas discoveries in recent weeks as more targeted search strategies bear fruit, but they offer little respite to a sector...
Monday, July 15, 2013
Italy and Malta Sign Accord on Mediterranean Offshore Oil and Gas Exploration
Italy and Maltaâ€™s prime ministers reached an agreement today for joint oil and gas exploration in the Mediterranean Sea between the islands of Sicily and Malta.
Saturday, June 8, 2013
Miracle In Myanmar: Can Offshore Energy Bring A Miracle?
(Bloomberg) Myanmar’s opening to foreign investment has been compared to the fall of the Berlin Wall and the start of an economic growth story to emulate Vietnam. How those views pan out...
Tuesday, May 14, 2013
$5 Billion of Brazilian Seafloor Up for Auction, Offshore Drillers Flock to Brazil
For the first time in five years, more than 60 oil companies are set to bid on exploration permits offshore Brazil, taking on risks of drilling in virgin waters.
Wednesday, January 23, 2013
Chevron Signs Agreement to Conduct Deepwater Exploration Offshore Morocco
By Saabira Chaudhuri Chevron Corp. (CVX) has signed petroleum agreements related to three offshore areas in Morocco, a push to expand its footprint in frontier basins. The oil and gas...
Monday, November 19, 2012
BP Gains Exploration Foothold Offshore Nova Scotia
The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) announced late last week that BP and Shell were the successful bidders for exploration licenses offshore Nova Scotia. These blocks are located approximately...
Friday, October 12, 2012
Call It Senkakudiaoyu? China & Japan Agree To Share Vast Offshore Oil Reserve
China and Japan sat down for talks and agreed to jointly develop a natural gas field under the East China Sea, defusing a dispute between Asia’s biggest economies over who owns the reserves. That...
Saturday, October 6, 2012
Uruguay Signs $1.65 Billion in Offshore Exploration Contracts
BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65 billion over the next three years. The companies include...
Tuesday, June 26, 2012
After Recent Big Discoveries, Norway Looks to Award Offshore Exploration Licenses in Arctic Oil Patch
TRONDHEIM, Norway–Norway Tuesday pushed ahead with plans to award oil and gas drilling licenses mainly in the vital Arctic area, in a bid to open up new sea acreage for...
Wednesday, June 20, 2012
Textbook Frontier Play: Chevron Joins Kosmos to Find Oil Offshore Suriname
Chevron Corp. (CVX) said it would join with Kosmos Energy Ltd. (KOS) to explore for oil off the coast of Suriname, as the oil giant seeks an entry into what...
Tuesday, June 12, 2012
Sunday, May 6, 2012
Investing in LNG: Australia Awards a Dozen Offshore Exploration Permits
SYDNEY (Dow Jones)–Australia’s government on Sunday said it has awarded 12 new petroleum exploration permits for off the coast of Western Australia and Victoria state. Among the eight companies to...
Thursday, February 16, 2012
Falkland Islands 2.0 – London Promises To Share In Offshore Windfall
The United Kingdom has stated they will share in a large discovery of oil off the coast of the once disputed Falkland Islands. With royalties from the offshore well discovered by...
Friday, December 30, 2011
North Sea Oil Exploration Continues with the Award of 46 New Licenses
LONDON (Dow Jones)–The U.K. has awarded 46 new licenses to explore for oil and gas in the North Sea, the Department of Energy and Climate Change announced on its website...
Thursday, February 10, 2011
Wednesday, February 2, 2011
Marathon Oil sets $5.267 billion capital, investment and exploration budget
HOUSTON, Feb. 2, 2011 – Marathon Oil Corporation (NYSE: MRO) announced today a $5.267 billion capital, investment and exploration budget for 2011, consistent with prior guidance and a 9 percent...
Sunday, January 16, 2011
Cobalt International Energy’s Bet On Deepwater Angola
The New York Times brings us an in depth look at Cobalt International Energy and its lead oil man, former head of worldwide exploration for BP, Jim Farnsworth, as they...
Tuesday, September 21, 2010
Discoverer Americas – A 6th Generation Drillship Leaves the Gulf of Mexico
For Statoil and Transocean’s crew assigned to the Discoverer Americas, heading to Egypt had always been part of the long term plan, however in this case, the schedule got moved...
Wednesday, September 8, 2010
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