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Rigzone Exploration News

The latest upstream oil and gas news from around the world.
  1. Savannah Petroleum plc makes an oil discovery at the Eridal-1 exploration well, which is situated onshore Niger.
  2. Eni has further strengthened its position in Egypt.
  3. Pictured l-r are: Loren Long, Vice President Mexico, Talos Energy; Tom Wilker, SVP Subsurface, Wood Mackenzie; Timothy Duncan, President & CEO, Talos Energy; and John Parker, Executive Vice President Exploration, Talos Energy.
  4. Private equity firms are expected to drive a wave of merger activity in Australia's oil and gas sector, hunting for assets in a market with good access to China and southeast Asia.
  5. China, the world's top energy user and also largest crude oil importer, is facing declining reserves and soaring development costs.
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