Latest news

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


Rosneft Discovers New Field Offshore Sakhalin

As part of its exploration campaign, Rosneft Oil Company has successfully completed the drilling of the first prospecting and appraisal well at the Vostochno-Pribrezhny license block on the shelf of Sakhalin Island, resulting in the discovery of a new oil field.

read more... 01/10/2019


Sole bidder in Croatia's latest oil or gas tender applies for one exploration block only

The Croatian Hydrocarbon Agency (CHA) said that the sole bidder in the latest tender for oil and gas exploration and exploitation in the Dinarides area has applied for only one of the four exploration blocks offered.

read more... 24/09/2019


Gas discovery in the Norwegian Sea

Equinor and its partners AkerBP and Wellesley Petroleum have found gas in the Ørn exploration well south-west of the Marulk field in the Norwegian Sea.

read more... 18/09/2019