A recent report reveals that in Q2 2019, over 40 licensing rounds are open globally with 19 scheduled to close in the quarter
Exploration
Posted inExploration
Abu Dhabi launches second bid round for five exploration blocks
Exploration studies suggest blocks could contain significant amounts of conventional and unconventional oil and gas resources
Posted inExploration
Total to start digital factory to cut costs by hundreds of millions of dollars
Total executives announced the plan at IFP Energies Nouvelles in Paris
Posted inExploration
ADNOC inks $170mn exploration concession agreement with Indian consortium
Indian consortium will focus on conventional oil and gas opportunities in Onshore Block 1, which includes already discovered but undeveloped fields and covers a large area around Ruwais
Posted inExploration
ADNOC signs $176mn onshore exploration concession agreement with Japan’s Inpex
Inpex awarded 35-year concession and will invest up to $176mn during the exploration phase
Posted inExploration
Eni makes new gas discovery in Nour prospect offshore Egypt
The company is active in Egypt through subsidiary Ieoc
Posted inExploration
Saudi Arabia discovers large quantities of gas in Red Sea
Saudi Aramco has made a strong push towards growing its gas portfolio
Posted inExploration
Oman signs $59mn exploration and production sharing agreement with Occidental Oman
Oman’s Ministry of Oil and Gas tweeted out the announcement
Posted inExploration
Exploration is the foundation of the oil and gas industry, and not in the way you might think
It is easy to get caught up in the day-to-day bustle of oil production, but its roots are inquisitive minds and explorative instincts
Posted inExploration
Total makes 250mn boe discovery in North Sea
This follows the Glendronach discovery made in September 2018