Co-operation with IOCs continues despite US sanctions, the head of exploration at National Iranian Oil Company told Mehr news agency, adding that further details would be provided at a later time.
“[W]e are working in three areas of exploration of new fields, new reservoirs and increasing the volume of already discovered fields and we have achieved good results in all three sectors,” Seyyed Saleh Hendi said, cited by the agency. “There are about 40 oil reservoirs discovered and developed in the country, which indicates that the exploration sector is doing better than production and development.”
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
This website uses cookies.