Latest news
BP, SOCAR begin exploration drilling at Shafag-Asiman block offshore Azerbaijan
British oil company BP and its partner State Oil Company of the Republic of Azerbaijan (SOCAR) have commenced drilling of the Shafag-Asiman block offshore Caspian Sea in the Azerbaijan sector.
read more... 16/01/2020
France's Total to begin drilling offshore Lebanon next month
Lebanon's economic crisis has led to nationwide protests over the last two months. The country needs its exploration programme to work to reduce its energy import bill.
read more... 16/12/2019
Poland's PGNiG and Ukraine's ERU team up on gas exploration
Poland’s leading gas firm, state-run PGNiG, said on Monday it agreed a deal with Ukraine’s ERU Management Services to cooperate on hydrocarbon extraction and exploration in Ukraine.
read more... 10/12/2019
Rosneft starts exploration in Iraq’s Kurdistan
Rosneft has started exploration in Iraq’s Kurdistan this year, First Vice President of Russia’s top oil producer Eric Liron said in an interview with TASS, adding that the work is expected to continue in 2020 and might take several years.
read more... 18/10/2019
BP, Shell among bidders in $800 million Brazilian oil auction
BP Plc, Chevron Corp and Royal Dutch Shell Plc are among the companies that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks.
read more... 10/10/2019