Velda
Addison
Hart Energy
Israel’s Ratio Oil Signs Philippines Exploration Deal
Israel’s Ratio Oil Exploration signed a long-awaited deal on Sept. 4 to search for oil and gas in the Philippines, a spokesman for Philippines President Rodrigo Duterte said.
Panoro Energy Makes Oil Discovery At Dussafu Offshore Gabon
Panoro Energy has made an oil discovery in the Ruche North East Marin-1 (DRNEM-1) well drilled in the Dussafu Marin PSC, offshore Gabon, the company said Aug. 31.
HEADLINES: Two Northeast A&D Deals Highlight Week
Eclipse and Blue Ridge Mountain agreed to merge in an all-stock transaction. Plus, Rex Energy will be purchased by fellow Appalachia shale player PennEnergy Resources.
Eni Hits Gas In Egyptian Western Desert
Eni has made a gas discovery in the Egyptian Obayed concession in the Egyptian Western Desert, the Italian major said Aug. 30.
Nailed It: Exxon Mobil, Hess Say Hammerhead Hits Oil Offshore Guyana
Hammerhead-1, which is located about 21 km (13 miles) southwest of the Liza-1 well, hit about 60 m (197 ft) of high-quality, oil-bearing sandstone reservoir, the company says.
GulfSlope Energy Hits Oil At GoM Canoe Prospect
GulfSlope Energy Inc. said it encountered oil sands while drilling the northwest center of Vermilion Block 378, also known as the Canoe Shallow Prospect, in the Gulf of Mexico.
Norway Oil Industry To See Good Times For Next Few Years
Norway’s leading industry has been on the mend for the past two years after a 2014-2016 downturn during which oil companies slashed investments, projects and jobs.
United Oil & Gas Lands Oil Discovery, Blocks In UK North Sea
United Oil & Gas Plc said Aug.23 it has accepted the formal offer from the Oil and Gas Authority confirming the award of Blocks 15/18d and 15/19b (License P2366), with the license term beginning October 1, 2018.
Oil Auction From Brazil Transfer-of-Rights Area Unlikely In 2018
A Brazilian auction of rights to develop additional oil-producing areas in the country’s so-called transfer-of-rights region is unlikely this year, Brazil’s Deputy Mining and Energy Minister Marcio Felix said on Aug. 21.
Brazil Eases Local Content Rules For Libra Offshore Oil Field
The move is expected to unlock $16 billion in investment for Latin America’s top oil producer