In this episode of Spotlight, our editor speaks with Tom Quinn, a senior analyst at Wood Mackenzie, about Eni’s recent exploration spree in the region, why ADNOC and SNOC opened up their first international exploration licensing rounds, and what this means for the region.
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SNOC CEO says company plans to open other exploration bid rounds
Sharjah National Oil Corporation CEO Hatem Al Mosa talks about the firm’s first international exploration licensing round, what it is doing differently and its plans for the future
Eni signs exploration and production sharing agreement for Oman’s onshore Block 47
Eni is heavily expanding its Middle East presence with several exploration deals
Eni signs MoU for petroleum exploration in Block 1 offshore Bahrain
This is the third exploration announcement made by Eni this week; the company also signed agreements with ADNOC and SNOC
Eni awarded three of Sharjah’s onshore exploration concession areas
The UAE emirate Sharjah launched its first international competitive exploration licensing round in 2018 to explore and develop new hydrocarbon resources
Eni acquires 70% stake in two Abu Dhabi offshore exploration concessions
These are the first blocks to be awarded following Abu Dhabi’s first-ever open block licensing
Oman oil minister inks $65mn exploration deals with Occidental Oman and Oman Oil Company
Occidental Petroleum has obtained exploration rights in concession areas 51 and 65
RAKGas signs production sharing agreement for Zanzibar’s first oil and gas exploration project
The agreement surrounds Pemba Zanzibar Block, which measure 11,868 square kilometres.
Oil market in danger of tightening without more investment in exploration
“We need more Guyanas, a lot more, and we need them soon,” says Simon Flowers of Wood Mackenzie.
CGG GeoConsulting launches Robertson New Ventures Suite to accelerate exploration efforts
New solutions offer upstream operators greater accuracy and success in assessing potential untapped reserves and new plays.