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Rigzone Exploration News

1. OMV Confirms Viability of Libyan Oil Discovery

   OMV declared the 'Essar' discovery in Libya's Sirte Basin commercially viable, with total recoverable oil of up to 45 million barrels.

2. Aker BP Makes New North Sea Gas Discovery

   Aker BP discovered natural gas with preliminary estimates of about 5.3-84.8 million cubic feet on Norway's side of the North Sea, some 16 miles north of the producing Duva field.

3. Norway Sees 'Strong Confidence' in New Discoveries Potential

   The Norwegian Energy Ministry received applications from 21 companies including international majors for the country's expanded exploration licensing round.

4. TotalEnergies Makes New Discovery offshore Angola

   TotalEnergies announced a discovery in Block 17 off Angola's Atlantic coast, which it expects to put into production this quarter.

5. Woodside, PEMEX to Explore More Oil offshore Mexico

   Australia's Woodside and Petroleos Mexicanos signed a memorandum of understanding to expand their partnership in Mexican waters beyond the under-construction Trion oil project.