
Libya’s hidden wealth
Libya potentially holds massive resources, which could offset the dwindling reserves in MENA region.
Browse the latest exploration news and articles.

Libya potentially holds massive resources, which could offset the dwindling reserves in MENA region.

Shell has produced its first oil and natural gas from the Perdido development, the world’s deepest offshore drilling and production facility.

Adrok Group Ltd has developed revolutionary technology known as the atomic dielectric resonance (ADR) scanner, which has the ability to identify and image any substance down to molecular or atomic level.

Construction of the long-anticipated Nord Stream gas pipeline from Russia to Germany via the Baltic officially got underway on 9th April.

A brief round up of refinery and oilsands news from Canada and North America.

Total has announced the launch of the Laggan and Tormore gas fields development in the offshore frontier region of the West of Shetland, subject to the UK Government’s Department of Energy and Climate Change approval.

A fundraising initiative launched by Mark Elliott, a well-known figure in the oil and gas industry, seeks to raise £1 million for two military charities, as he commits to losing 30 lbs of weight by June 2010.

Explorers from the Nord Stream consortium have discovered twelve shipwrecks off the coast of Sweden.

Sharecat Solutions has secured a contract from China Oilfield Services subsidiary COSL Drilling Europe AS to support the spares management activity for its newbuild project at Yantai Raffles Shipyard.

2010 is hopefully going to be a more productive year for the offshore sector with analysts expecting oil and gas production to return to more healthy levels during the course of the year.

BP has announced a US$ 7 billion transaction with Devon Energy for assets in Brazil, Azerbaijan and the US deepwater Gulf of Mexico.

Schlumberger has acquired Nexus Geosciences, Inc., a provider of integrated seismic software and services based in Houston. The group will become part of the WesternGeco business unit.