Browse the latest exploration news and articles.
As announced on November 8th, 2018, the company drilled the SGZ 6X exploration well to a total depth of 5195 feet and cased the well as a potential Bahariya light oil discovery.
The new plug-in functionality, called Geofacets for ArcGISÒ, gives geoscientists the ability to make more informed exploration decisions and reduce risk.
The Rungne exploration well 30/6-30 spudded on 19 October 2018 and was drilled to a total depth of 3469 m below sea level.
The company has provided a licence update on Frontier Exploration Licence 3/04, located in the southern Porcupine Basin.
The companies have signed a concession agreement to launch an unconventional gas exploration programme in the high potential Diyab play.
Interested international oil companies with an Africa focus can view the high-end data set in CGG data rooms in anticipation of the country’s 2019 licensing round.
The Norwegian Petroleum Safety Authority has given Spirit Energy consent to drill exploration wells 8/10-7 S and 8/10-8 S in production licence 405 in the North Sea.
Adam Pollard, senior research analyst with Wood Mackenzie’s sub-Saharan Africa upstream team, comments on the region's prospects.
The company has announced that Tower Resources (Namibia) Limited, a wholly owned subsidiary of Tower, has signed a new Petroleum Agreement with the Government of the Republic of Namibia covering an 80% operated interest in blocks 1910A, 1911 and 1912B, offshore Namibia, together with the National Petroleum Corporation of Namibia (10%) and ZM Fourteen Investment CC (10%).
The partnership brings together the expertise of both companies for the joint development of a variety of fit-for-purpose unmanned surface vessels (USVs).
The transaction combines two highly complementary businesses to create a leading provider of marine seismic solutions, including Ocean Bottom Seismic.
The Petroleum Safety Authority have given Equinor Energy AS consent for exploration drilling of well 36/1-3.