EXPLORATION
30 articole · RSS
Grup Servicii Petroliere To Drill In Barents Sea For Gazprom
Grup Servicii Petroliere, part of Upetrom group owned by businessman Gabriel Comanescu, won a new contract with Gazprom, the world’s largest natural gas producer, for oil exploration in the...
Vosganian Says He Supports Shale Gas Exploration
Romania’s Economy Minister Varujan Vosganian said Thursday he supports shale gas exploration, as it will bring out information concerning available resources and the opportunity to start exp...
ExxonMobil Ready To Spend $1B In January 2013 For Black Sea Operations
ExxonMobil, which is conducting the most extensive deepwater exploration campaign in the Black Sea ever together with OMV Petrom (SNP.RO), is expected to buy about $1 billion in equipment an...
Petrom: Our Biggest Wells Are In The Black Sea
The biggest of the 9,000 wells that OMV Petrom (SNP.RO) drills in 240 commercial oil and gas fields can be found in the Black Sea, an area that already generates 20% of the company’s hydroca...
Petrom, Part Of Consortium Picked By Ukraine For Black Sea Exploration
Ukraine has selected a consortium formed of ExxonMobil, Shell, Romania’s OMV Petrom (SNP.RO) and Nadra Ukrainy national joint-stock company for hydrocarbon exploration in the Skifska field o...
Black Sea Depths To Claim $2.5 Billion For Exploration Alone
The Black Sea depths are becoming the busiest battleground for the world’s oil giants, which have so far announced plans to spend $2.5 billion to explore this unknown area. Early next year,...
Sterling Resources Strikes Deal With Authorities For Black Sea Block Exploration
Canadian Sterling Resources on Friday said it has reached an agreement with Romania’s Economy Ministry enabling the former to continue exploration on several blocks in the Black Sea.
UK Melrose To Invest $130M In Black Sea Project – Ambassador
British energy company Melrose Resources plans to invest around $130 million in deepwater exploration at Romania’s Black Sea platform, after it has secured approval for the project, the UK A...
Lukoil Accepts Black Sea Challenge, Earmarks $300M For Exploration
The depths of the Black Sea lure another major oil company after Petrom and ExxonMobil, as Russian-held giant Lukoil announces it is ready to invest up to $300 million in exploration. The Bl...