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Home/News/Exploration

Exploration News

Browse the latest exploration news and articles.

Gannet problems persist
18 Aug 20113 min read

Gannet problems persist

Shell’s Gannet platform in the North Sea is still leaking oil into the North sea and the episode does cast serious doubt over the whole North Sea operation.

Offshore Energy 2011 reflects confidence in oil & gas industry
16 Aug 20112 min read

Offshore Energy 2011 reflects confidence in oil & gas industry

As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain.

US businesses unite against EPA’s new ozone rules
12 Aug 20112 min read

US businesses unite against EPA’s new ozone rules

A group of US businesses and business groups, including API, have written a letter to President Obama asking him to intervene in the implementation of stringent new standards.

Statoil finds high impact well in North Sea
10 Aug 20112 min read

Statoil finds high impact well in North Sea

Statoil and its partners have discovered a high impact well in the Aldous Major South field in Norwegian waters of the North Sea.

Spectrum acquires CGGVeritas Multi-Client 2D marine library
5 Aug 20112 min read

Spectrum acquires CGGVeritas Multi-Client 2D marine library

Spectrum has acquired the 2D Multi-Client library of CGGVeritas encompassing more than 500,000 km of seismic data. This significant increase in Spectrum’s Multi-Client data library involves a US$ 40 million transaction.

Sino-Burmese energy cooperation fuels conflict
4 Aug 20114 min read

Sino-Burmese energy cooperation fuels conflict

As Burma and China improve their resources development partnership, concerns have arisen over the impact such the joint ventures will have on conflict and stability in the region.

Simba energy awarded exploration contract in Kenya
4 Aug 20111 min read

Simba energy awarded exploration contract in Kenya

Simba Energy Inc. has been granted a Production Sharing Contract (PSC) by the Ministry of Energy, Republic of Kenya for Block 2A, comprising 7801.72 square kilometres in northeast Kenya.

New TGS Multi-client 3D Survey in the Faroe-Shetland Basin
4 Aug 20111 min read

New TGS Multi-client 3D Survey in the Faroe-Shetland Basin

TGS has commenced a new multi-client 3D survey in the Faroe-Shetland Basin. The survey covers 2500 km2 west of the British Isles over quads 6004, 204 and 205 and is acquired in partnership with PGS.

API applauds the absence of tax rises in US debt ceiling deal
3 Aug 20111 min read

API applauds the absence of tax rises in US debt ceiling deal

API CEO releases a statement in support of budget negotiators of the bipartisan debt ceiling bill, which passed through Congress on August 2nd.

Penn Virginia Corp. sells off assets in Arkoma basin
1 Aug 20112 min read

Penn Virginia Corp. sells off assets in Arkoma basin

Penn Virginia Corp. is to sell all of its Arkoma Basin properties, together with certain other Mid-Continent properties, to an undisclosed buyer for US$ 30.5 million in cash.

Early August: Americas downstream update
1 Aug 20112 min read

Early August: Americas downstream update

A quick round up of recent downstream news from the Americas.

Hess Corp. wins exploration rights in Northern Iraq
28 Jul 20111 min read

Hess Corp. wins exploration rights in Northern Iraq

Hess Corp. in partnership with Petroceltic International PLC, has signed production sharing contracts (PSCs) with the Kurdistan Regional Government of Iraq for its Dinarta and Shakrok exploration blocks.

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