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Greece will start opening up onshore oil and gas prospects in 2018

Greece will start the process of opening up new onshore oil and gas prospects to exploration next year, as stated by the chief executive of the country's oil and gas resources management company on Monday.

read more... 30/05/2017

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Russia: Gazprom Neft purchases licence to develop the Novosamarskoye field, Orenburg Oblast

Gazprom Neft has purchased a subsoil usage license issued by the Federal Subsoil Resources Management Agency for the Novosamarskoye field in the Orenburg Oblast. The license, for the exploration and production of hydrocarbons, is valid until 5 May 2037. The total area of the licensed block is 26.56 square kilometers.

read more... 19/05/2017

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BP and Kosmos Energy find an important gas reservoir offshore Senegal

BP and its partner Kosmos Energy have recently made an important discovery of a gas reservoir offshore Senegal, during drilling the Yakaar-1 exploration well. Yakaar-1 well is situated in the Cayar Offshore Profond block, approximately 95kms northwest of Dakar.

read more... 10/05/2017

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Statoil receives the green light for Trestakk field exploration in Norwegian Sea

Statoil received the green light from the Norwegian authorities for the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea.

read more... 07/04/2017

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Cyprus: Block 10 will be explored by Qatar Petroleum and ExxonMobil

The Cypriot Government signed an agreement with Qatar Petroleum and ExxonMobil eyeing the exploration of the hydrocarbon potential in Block 10 offshore the Mediterranean Island.

read more... 06/04/2017

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