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Rigzone Exploration News

The latest upstream oil and gas news from around the world.
  1. Two blocks offshore Montenegro awarded to Greece's Energean Oil & Gas are estimated to have 1.8 trillion cubic feet of recoverable natural gas reserves, Energean says.
  2. African Petroleum Corp has begun arbitration proceedings over Gambia's decision to strip the company of its rights to explore for oil in two offshore areas.
  3. It's been a bad year for oil explorers in Norway's Arctic, but companies aren't about to give up.
  4. Lebanon's Energy Minister Cesar Abi Khalil says a tender has closed on a first round of offshore energy blocks.
  5. Norway remains among the top 10 places to find oil worldwide, consultancy firm Wood Mackenzie says.