Exploration

A dedicated cluster group has been launched by ITF in Australia to drive forward the country's oil technology development.

Because of its deals with the Kurdistan region, ExxonMobil has been banned from the latest round of bidding in Iraq.

As well as welcoming a new CEO, Petrobras has brought in two new directors.

TNK-BP has outlined plans covering US$ 4 billion worth of Arctic gas and oilfield development.

Apache has cited high production levels and increased oil prices as the reasons behind soaring profit and revenues.

DNO international has doubled production, reaching record levels.

The American Petroleum Institute say the President’s budget would tax one of the nation’s biggest job creators.

India has once again revised the date for the launch of its shale gas round.

The Malaysian company Petronas has uncovered a significant natural gas reserve in the Kasawari field.

Territorial disputes fuelled by the prospect of oil and gas reserves are hindering E&P activities in the Asia-Pacific region.

Weatherford International Ltd. has had all claims against the company in the multi-district litigation over the cause of the Macondo blowout and oil spill dismissed.

Italian oilfield services contractor, Saipem has hit record profit levels.

Brazil’s Petrobras has plans to lease 26 rigs over 15 years.

Brazilian state player Petrobras has discovered a new crude oil reservoir in the Santos Basin.

Noble Energy, Inc. has announced a natural gas discovery at the Tanin prospect offshore Israel. The discovery well was drilled to a depth of 18,212 ft and encountered approximately 130 ft of gross natural gas pay in high-quality lower Miocene sands.