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Increased Cooperation On Exploration In The Barents Sea

SOURCE: Statoil | 21 April 2015

Statoil, Eni Norge, Lundin Norway, OMV and GDF SUEZ will collaborate on solving operational tasks tied to exploration in the Barents Sea.

Irwin-1 Intersects Primary Target And Reports Elevated Gas Shows

SOURCE: AWE | 16 April 2015

AWE Limited (ASX: AWE), advises that as at 06:00 hours (6.00am) AWST today the Irwin-1 exploration well, located in the onshore Perth Basin, Western Australia, was at a measured depth of 3,265m and drilling ahead in 8 1/2 inch hole to the planned total depth of 4,064m.

Another Gas Discovery In The Aasta Hansteen Area

SOURCE: Statoil | 13 April 2015

Operator Statoil has together with PL602 partners made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in spring 2015.

Number Of High-Tech Wells In Use At Gazprom Neft Triples Over Two Years

SOURCE: Gazprom Neft | 09 April 2015

Volumes of high-technology drilling at Gazprom Neft continue to increase. As at end-2014, the total number of horizontal wells drilled at the company’s various enterprises reached 297

Statoil Makes Oil Discovery In Gulf Of Mexico

SOURCE: Statoil | 09 April 2015

Statoil announced today that it has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM).

Gazprom Neft Increases Collaboration With Vietnam

SOURCE: Gazprom Neft | 07 April 2015

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity. The documents were signed in Hanoi (Vietnam), in the presence of the Prime Minister of the Russian Federation, Dmitry Medvedev and the Prime Minister of Vietnam, Nguyễn Tấn Dũng.

Eni Signs Production Sharing Contracts For The Exploration Of Two Blocks Offshore Myanmar

SOURCE: Eni | 31 March 2015

Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 and MD-04. The contracts were signed in Nay Pyi Taw, in the presence of the country’s Energy Minister.

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.