New Zealand Bidding Round Opens
The government of New Zealand recently opened its annual bidding round for oil and gas exploration permits; between June 8 and October 15, 2012, bids from petroleum exploration and production…
Exploration
Iraq Investment Set to Increase
The energy sector in Iraq is predicted to see investment of a minimum of US$50 billion over the next five years amidst a gradually improving security situation, according to a…
ARKeX Goes Multi-Client
Within the hydrocarbon exploration industry, the market for gravity gradiometry has grown substantially over the past few years. ARKeX, which specialises in non-seismic geophysical imaging, has become one of the…
Milestones in Angola’s Oil History
Angola is set in the next decade to overtake Nigeria as the biggest oil producer in Africa. We look at the milestones in the country’s rapidly expanding oil and gas…
Geology Without Limits!
Cross border co-operation leads to better geological understanding As we all know, geology does not follow political boundaries. To undertake a wide-ranging geological study of a large region presents challenges,…
Uruguay Round II Awards Offshore Acreage
Uruguay’s state oil company, ANCAP, has recently awarded offshore blocks in the Round II bidding to British companies BP and BG, French company Total, and Irish company Tullow Oil. These…
GEO ExPro Magazine Launches Ground Breaking iPad App
GEO ExPro, one of the oil industry’s leading geoscience publications, is now available on iPad. The new app includes host of features enabling users to access interactive 3D graphics, video,…
New Offshore Licensing Round for Tanzania
With recent discoveries in East Africa dominating the news, the government of Tanzania is expected to get a lot of interest in its 4th Offshore Bid Round, due to be…
Romania: Black Sea Gas Discovery
While it is far too early to give accurate figures, the first deep water well in the Romanian part of the Black Sea looks to be a major success for…
Three World-Class Discoveries
For the first time in 15 years, a giant discovery was made offshore Norway last year. Three world-class discoveries made 2011 an exceptional year for the oil industry in Norway.…
Promising giant new hydrocarbon frontier: The Namibian Continental Margin
Recent discoveries in the Brazilian margin have highlighted the importance of the pre-salt lacustrine petroleum system extending along the margins of the South Atlantic Ocean. The Namibian continental margin is…
South Sudan Gains Independence
Political tension in Sudan may add to market tightness. On the 9 July 2011, South Sudan officially gained its independence from the Khartoum administration. The oil market will monitor the…