Tag: oil exploration

• Saturday, January 11th 2020 - 09:56 UTC

  Major oil discovery offshore Suriname next to Guyana's prolific Stabroek's block

  

  Apache Corp and Total SA announced they had made a major oil discovery in a closely watched area off the coast of South America’s Suriname, sending Apache’s shares surging nearly 27%.

• Tuesday, November 5th 2019 - 09:45 UTC

  Falklands extends duration of Rockhopper and Argos Resources oil exploration licenses

  

  Rockhopper Exploration PLC said on Monday that the Falkland Islands government has extended the duration of the PL032 Discovery Area License until May 1, 2021, with no additional license commitments.

• Monday, November 4th 2019 - 08:31 UTC

  Hess/ExxonMobil first oil in bountiful Guyana scheduled for December

  

  Hess Corp's first oil in Guyana, where it is a partner in the crude-rich ExxonMobil-led Stabroek offshore block, will be in December, ahead of the previously stated Q1 2020 date, a top company executive said on Friday.

• Saturday, October 19th 2019 - 09:58 UTC

  Argentina awards hydrocarbons exploration licenses in the West Malvinas basin

  

  The Argentine government awarded ENI Argentina Exploración y Explotación; Tecpetrol, and MEMPLO, a subsidiary from Japan's Mitsui hydrocarbons licenses to explore an offshore area. MLO/124 in the so-called West Malvinas basin.

• Wednesday, July 31st 2019 - 10:58 UTC

  Financial submission for developing Falkland Islands' Sea Lion project

  

  Rockhopper Exploration PLC on Tuesday said it has submitted an early information memorandum to potential lenders for the Sea Lion project in the Falkland Islands.

• Saturday, April 27th 2019 - 09:38 UTC

  Petrobras details divestment list including refineries; Bolsonaro open to privatization of oil company says minister

  

  Brazil's state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business.

• Friday, April 19th 2019 - 09:27 UTC

  ConocoPhillips pulling out of the North Sea oil exploration and production

  

  ConocoPhillips is pulling out of UK exploration and production after selling its North Sea oil and gas assets to Chrysaor for US$ 2.68bn (£2bn). The sale will boost Chrysaor's production by about 72,000 barrels a day to 177,000 - making it one of the UK's biggest operators.

• Wednesday, April 17th 2019 - 09:56 UTC

  Qatar Petroleum wins five offshore blocks in Argentina's South Atlantic basins

  

  Qatar Petroleum (QP) has won exploration rights in five offshore blocks in the North Argentina, and Malvinas West basins in Argentina. The winning bids were announced on Tuesday by Argentina’s Secretariat of Government of Energy (“SGE”) at the end of a public tender process that started in November 2018.

• Monday, April 1st 2019 - 08:44 UTC

  Petrobras interested in tendering to explore for oil and gas offshore Israel

  

  Brazilian state-run oil firm Petrobras is considering bidding in a new tender to explore for oil and gas offshore Israel, a leading Israeli financial news website reported on Sunday. Calcalist reported that a final decision could be announced during a four-day visit to Israel by Brazilian President Jair Bolsonaro that began on Sunday.

• Wednesday, March 13th 2019 - 08:34 UTC

  Shell agrees offshore oil exploration contracts in Colombia

  

  Colombia’s government announced it had signed two exploration and production contracts with Shell in offshore areas of the Caribbean Sea that will require the company to make initial investments of US$ 100 million.