Exploration news
McGuireWoods Consulting: Romania’s offshore opportunities enhanced by low royalties
The Romanian government has proposed a reduced royalty and additional tax structure for offshore investments, allowing a larger proportion of capital investments to be deducted for tax purposes.
Verus announces signing of SPA for acquisition of Cieco Exploration & Production (UK) Limited
The company has announced that it has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.
The Government of Madagascar announces the opening of the Madagascar bidding round at Africa Oil Week
OMNIS, in partnership with Africa Oil Week, TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5 - 9th November 2018.
Petro Matad releases results from Snow Leopard 1 well
The company provides a summary of results from the well, located in the Valley of the Lakes basin complex of central Mongolia.
Cuadrilla granted hydraulic fracturing consent for second horizontal shale gas well
The company received consent from the Department for Business, Energy & Industrial Strategy for its second horizontal shale exploration well at its Preston New Road site in Lancashire.
CGG conducts rich-azimuth multi-client survey NW of Shetland
CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin.
CGG’s MotionMap UK data enhances ground risk reports of Terrafirma search
After signing a multi-year agreement with CGG, Terrafirma has become one of the first UK companies to include the latest-generation MotionMap UK data.
Alba Mineral Resources has announced the completion of final Portland EWT sequence at Horse Hill
Alba Mineral Resources has announced that the final Portland EWT sequence at the Horse Hill-1 Kimmeridge and Portland oil discovery has been completed and that all Portland operational test objectives were achieved.
Fugro secures E&P support contracts in Trinidad and Gulf of Mexico
The contracts will see the company delivering a range of specialist services to support exploration and production operations in Trinidad and Tobago and the Gulf of Mexico.
Block Energy receives Production Sharing Contract for West Rustavi licence
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, has announced that the Production Sharing Contract (‘PSC’) terms for its West Rustavi licence have been accepted by the government of the Republic of Georgia.