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Mexican President Says Pemex Support Should Aid Exploration, Output

2021-02-26 15:12:51| OGI

Alongside a recently announced tax break, Lopez Obrador said Pemex would get support of around 100 billion pesos ($4.80 billion).

Tags: support president output aid

 

Norway Offers 84 Exploration Blocks in 2021 Licensing Round

2021-02-25 18:15:50| OGI

The so-called predefined areas (APA) licensing rounds were introduced in 2003 to facilitate exploration in the most geologically known parts of the Norwegian continental shelf.

Tags: offers round norway blocks

 
 

Malaysias Petronas Discovers Oil at Indonesias Hidayah-1 Exploration Well

2021-02-24 15:19:39| OGI

The well tested at about 2,100 barrels of oil per day with good crude quality, Petronas said in a statement.

Tags: well oil exploration discovers

 

Shell Cuts Exploration Ambitions in Norway to Focus on Natural Gas

2021-02-09 15:57:05| OGI

A Shell spokesman said the firm did not rule out taking part in future licensing rounds in Norways frontier areas.

Tags: natural focus gas norway

 

Report: Oil Majors Hit Brakes on Exploration Efforts in 2020

2021-01-28 11:25:00| OGI

The number of exploration licensing rounds dropped last year due to the epidemic while oil and gas companies including Exxon Mobil, Shell and France's Total also reduced spending, says Rystad Energy analyst.

Tags: report hit efforts oil

 

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