Exploration news
Malaysia records over 1 billion boe of exploration discoveries in 2023
PETRONAS and its petroleum arrangement contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion boe of new resources for Malaysia in 2023.
Kosmos Energy announces oil discovery in the US Gulf of Mexico
Kosmos Energy has announced an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%).
QatarEnergy wins new Egypt offshore exploration block
QatarEnergy has been awarded a new exploration block offshore the Arab Republic of Egypt as part of the 2022 EGAS International bid round.
Equinor Energy concludes the drilling of exploration well 30/11-15 in the North Sea
The well was drilled by the ‘Deepsea Stavanger’ drilling rig, about 25 km southwest of the Oseberg field in the North Sea and 150 km west of Bergen.
Zion Oil & Gas has announced award of new Megiddo Valleys license
Zion Oil and Gas has announced that the State of Israel has awarded Zion a new exploration license, named the Megiddo Valleys 434.
Orcadian enter agreement to develop one of largest undeveloped discoveries in the central North Sea
Orcadian has entered into a non-binding Heads of Agreement (HoA) with a North Sea operator (the Operator), which details a potential farm-out of the Pilot development project.
New oil discovery in the Gulf of Suez
Cheiron has announced a new oil discovery near the GNN oil field in the Gulf of Suez.
Approval for Global to enter next phase of Licence PEL 94 Namibia
Global has announced that it has been granted approval to proceed with next stage in Namibian basin.
Trillion announces farm-in for oil exploration blocks in Turkey
Trillion energy has announced farm-in agreement for three oil exploration blocks in southeast Turkey.
OMV announces new gas discovery in Austria
OMV have announced a new gas discovery in Austria, representing the country’s largest natural gas discovery in 40 years.