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Statoil Makes Its Eighth Discovery In Block 2 Offshore Tanzania

SOURCE: Statoil | 30 March 2015

Statoil today announced that the Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania.

CNOOC Limited: Exploration And Development Laid Solid Foundation Lowering Costs And Enhancing Efficiency Program Achieved Outstanding Results

SOURCE: CNOOC Limited | 27 March 2015

In 2014, the Company achieved various breakthroughs in exploration and the reserve replacement ratio for the year was 112%. Benefitting from the Company's innovations in "thinking outside the box", technology and management, the Company made 20 new commercial discoveries and appraised 18 oil and gas structures successfully.

New Licence Awarded Offshore Indonesia

SOURCE: Statoil | 18 March 2015

Statoil was today awarded new exploration acreage through the Aru Trough I licence offshore Indonesia.

Eni: New Successes In The Exploration Activities In Indonesia And Libya

SOURCE: Eni | 16 March 2015

Eni has completed post drilling studies on the Merakes-1 gas finding, located in the Indonesia deep offshore East Sepinggan Block, which indicates significant upside gas potential. Eni is the operator of the East Sepinggan Block with an 85% interest.

Farm-out Of The Gemini Prospect On The Utsira High, Offshore Norway

SOURCE: Lundin Petroleum | 24 February 2015

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has entered into an agreement to farm-out a 30 percent working interest in PL338C.

Freeport-McMoRan Announces 75MMcf/day Successful Production Test Prior To Placing Highlander Well On Production

SOURCE: Freeport-McMoRan | 19 February 2015

Freeport-McMoRan Inc. (NYSE: FCX) announced today the results of additional production testing on Freeport-McMoRan Oil & Gas’s (FM O&G) Highlander discovery, located onshore in South Louisiana in the Inboard Lower Tertiary/Cretaceous trend.

Exploration Success In The Krafla Area

SOURCE: Statoil | 09 February 2015

Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea. Since 2011 significant new recoverable resources have been proven in the area.

Eni Awarded Two Exploration Licenses In Norway

SOURCE: Eni | 20 January 2015

Eni was today awarded by the Ministry of Petroleum and Energy two exploration licenses in the Barents sea and in the North Sea as part of the Norwegian Award in Pre-Defined Areas (APA) 2014.

Gazprom Neft Gains Two Further Licences For Exploration On The Arctic Shelf

SOURCE: Gazprom Neft | 16 January 2015

Gazpromneft Sakhalin (a subsidiary of Gazprom Neft) has been awarded subsoil-use rights to two licence blocks in the Russian Arctic — the Severo-Zapadniy (North East) block, located on the Pechora Sea shelf, and the Heysovskiy block, located on the continental shelf of the Barents Sea.

Eni Signs Concession Agreements For Two New Exploration Blocks In The Egyptian Mediterranean

SOURCE: Eni | 14 January 2015

As a result of the EGAS 2013 bid round, Eni signed two concession agreements for the North Leil and Karawan blocks offshore Egypt.