
Shell announces Fort Sumter discovery in Gulf of Mexico
This discovery further enhances Shell’s deepwater position.
Browse the latest exploration news and articles.

This discovery further enhances Shell’s deepwater position.

Statoil has acquired an operated interest in a Brazilian offshore licence containing a substantial part of the Carcará pre-salt oil discovery.

In addition, the company has reported successful results from the Shenandoah #5 appraisal well.

Total captured the benefit of the recovery in oil prices since the start of the year, and adjusted net income rose to US$2.2 billion in the second quarter of 2016.

Anadarko Petroleum Corp. has announced its financial and operating results for 2Q16, including a net loss attributable to common stockholders of US$692 million.

Spectrum has announced the commencement of a 15 000 km multi-client 2D survey offshore Brazil in the Santos and Campos Basins.

The Oil and Gas Authority (OGA) has launched the 29th Offshore Licensing Round with more than 1200 blocks on offer to support the OGA’s objective of maximising economic recovery (MER) from the UK Continental Shelf (UKCS).

Savannah Petroleum PLC (Savannah) has announced the signature by one of its subsidiaries of a call-off order (Call Off) under the previously signed framework contract for seismic acquisition services with BGP Niger SARL (BGP).

Torchlight Energy Resources Inc. has announced that the Flying B Ranch #1 has been drilled to a total depth of 6470 ft.

OneSubsea has ordered the umbilical and accessories from Nexans to develop the Greater Enfield development off the coast of Exmouth, Western Australia.

The Norwegian Petroleum Directorate has granted Statoil Petroleum ASA a drilling permit for well 6407/7-9 S, cf. Section 8 of the Resource Management Regulations.

Zargon Oil & Gas Ltd has entered into a definitive agreement for the sale of all of its Southeast Saskatchewan assets.