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Exploration
Natural Gas
KUFPEC Deal to Ensure Energy Security
Petroleum Exploration (Pvt) Limited (PEL) has acquired key energy assets from Kuwait Foreign Petroleum Exploration Company (Kufpec).This strategic move not only…
Oil&Gas Drilling
Repsol Resumes Exploration Drilling in Libya After a 10-Year Hiatus
Libya’s state National Oil Corporation (NOC) reported yesterday (31 December 2024) that Spanish oil company Repsol has resumed exploration activity in the…
Oil Exploration
Fresh Oil & Gas-Condensate Discovery Comes to Light in Namibia
Portugal’s oil and gas company Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appra…
Canada
Coelacanth Energy Eyes Tenfold Increase in Oil Production in 2025
"We believe we're going to be able to create significant value over the next three to five years," said Rob Zakresky, president and CEO of Coelacanth Energy…
Oil Exploration
Kharabsheh Follows up on Achievements of Petroleum Exploration Projects
The Minister of Energy and Mineral Resources, Saleh Kharabsheh, reviewed the progress of priority initiatives outlined in the Economic Modernization Vision (202…
Oil Exploration
Afghanistan Receives Oil Extraction Equipment for Amu Darya Basin
The spokesperson stated that exploration and extraction work is currently underway on some oil wells in the area, with the work on some of them already complete…
Natural Gas
Petrobras Informs About New Law for the Oil and Gas Sector
Petrobras informs that the Brazilian government enacted Law 15,075/2024, dated December 26, 2024, which addresses the possibility of transfer of local content s…
Nigeria
Nigeria Resumes Mining in Zamfara State on Improved Security
Nigeria has lifted a ban on mining exploration in the northwestern state of Zamfara after a five-year suspension, the mining minister said, citing improved secu…
Oil Exploration
Onshore Petroleum Auction Set to Be Held
Authorities are calling for bids for onshore petroleum exploration and production in nine areas in the Northeast and central region for the first time in 17 yea…
Natural Gas
KazMunayGas and CNOOC Joining Forces to Dig Deeper Into Geological Exploration
KazMunayGas and CNOOC are expanding their cooperation in geological exploration, discussing key aspects of bilateral collaboration, including the joint implemen…
Natural Gas
Gas Exploration Firm’s Licence Extended Again
A company looking to extract gas from Manx territorial waters has had its exploration licence extended once more.A two-month extension has been granted to Crogg…
Oil Exploration
ACREP to Start Exploration in Angola’s Cabinda Norte Block In 2025
Angolan upstream firm ACREP plans to begin oil exploration in the onshore Cabinda Norte Block in Angola in 2025. The aim is to identify and unlock the economic …
Oil Exploration
Occidental Petroleum’s Subsidiary Secures Oil and Gas Permit off Colombia
Colombia's national environmental licensing agency (ANLA) on Friday said it has awarded an environmental license to Anadarko Colombia Company, a subsidiary …
Oil&Gas Drilling
Vår Energi Granted License to Drill North Sea Exploration Well
Vår Energi ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea.Exploration well 7/1-3 will be drilled in production l…
Natural Gas
Kuwait’s Petroleum Exploration Firm Begins Withdrawal From Pakistan
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has begun its exit from Pakistan’s oil and gas sector, citing extensive circular debt and prolonged …
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