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Rigzone Exploration News

The latest upstream oil and gas news from around the world.
  1. A record 16 companies have said they will take part in Brazil's scheduled June auction for the right to explore offshore oil blocks in the country's high-potential pre-salt area.
  2. Iraq is offering 11 new blocks for exploration in border areas with Iran and Kuwait and in offshore Gulf waters.
  3. Thailand will begin auctions on Tuesday for petroleum fields in the Gulf of Thailand, Minister of Energy Siri Jirapongphan said on Monday.
  4. British independent oil and gas company Savannah Petroleum plc announces that an oil discovery has been made at the Bushiya-1 exploration well, located onshore south east Niger.
  5. Oil explorers deployed more U.S. rigs this week as increasingly tight crude supplies pushed prices to their highest since 2014.
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