Exploration News

    Rigzone.com: Exploration News

    The latest upstream oil and gas news from around the world.

  • African Petroleum Seeks Arbitration Over Gambia Oil Dispute

    African Petroleum Corp has begun arbitration proceedings over Gambia's decision to strip the company of its rights to explore for oil in two offshore areas.
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  • Arctic Oil Promise Keeps Norway's Disappointed Wildcatters Going

    It's been a bad year for oil explorers in Norway's Arctic, but companies aren't about to give up.
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  • Bids On Lebanon Offshore Energy Blocks Close

    Lebanon's Energy Minister Cesar Abi Khalil says a tender has closed on a first round of offshore energy blocks.
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  • WoodMackenzie: Norway Remains Among World's Top 10 Places To Discover Oil

    Norway remains among the top 10 places to find oil worldwide, consultancy firm Wood Mackenzie says.
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  • BP, Azerbaijan's SOCAR To Sign Caspian Sea Exploration Deal In 2017

    SOCAR plans to sign a production-sharing agreement with BP to jointly explore prospects in a new block.
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  • Tullow Oil Signs Exploration Contracts Offshore Ivory Coast

    Tullow Oil has signed four production-sharing contracts in Ivory Coast with an initial investment of $21 million.
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  • Oil Official: Iran's Azadegan Oilfield Tender Delayed To 2018

    A tender for developing Iran's Azadegan oilfield has been delayed again, a senior Iranian oil official says.
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  • Nigeria's Oranto Petroleum Signs Uganda Oil Exploration Deal

    Nigeria's Oranto Petroleum has signed two production sharing agreements with Uganda to explore for oil and gas around Lake Albert.
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  • Ecuador to Offer Oil Blocks Under New Bidding Terms in Jan

    The new terms will allow producers to be paid in oil and enable them to export or sell the barrels to local refineries, said Carlos Perez at a conference at Rice University in Houston on Friday.
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  • US Oil Drillers Cut Rigs for 4th Week in Five -Baker Hughes

    The oil rig count fell by two to 748 in the week to Oct. 6, General Electric Co's Baker Hughes energy services firm said.
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  • Eni Bets Big on Zohr Explorer Finding New Treasure

    The Zohr field off Egypt sits in an area that Royal Dutch Shell pored over for years.
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  • Argentina Plans Auction for Offshore Oil Exploration Next Year

    Argentina plans to auction offshore oil and gas exploration rights next year, in the hope of developing fields off its Atlantic coast like those in neighboring Brazil, the energy minister said.
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  • ExxonMobil 'Puts Guyana on the Map' with Discovery

    Could ExxonMobil attain 2 billion-barrel oil reserves mark offshore Guyana?
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  • Brazil Regulator Allows Petrobras To Source Libra Rig Hull From Abroad

    ANP approves a request by the consortium exploring the potentially oil-rich Libra area.
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  • Private Oil Made a Big Find in Mexico. Now State Oil Wants a Cut

    The rush of enthusiasm that followed the July find has turned into a nervous wait.
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  • Cheap Option to the Oil Sands Emerges as Hot Play in Canada

    There's a land grab quietly taking place in a little-known corner of the Canadian oil sands.
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  • BHP Gearing Up to Start Drilling for Oil in Mexico's Deep Waters

    BHP Billiton is getting closer to drilling its first oil wells in Mexico's deep waters.
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