Exploration & Production

Gazprom finds oil and gas in Algeria

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Russia's Gazprom EP International and Algeria's Sonatrach Petroleum Corporation have made a joint discovery of new hydrocarbon reserves in the Berkine Basin in Algeria, Gazprom announced in a statement.

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Lebanon to launch new round of licensing

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Lebanon's Prime Minister Saad Hariri has said the country plans to launch a licensing round for offshore gas exploration at the beginning of 2012.

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Gulfsands publishes Lambouka results

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Gulfsands Petroleum PLC has announced that ADX Energy Ltd, the operator of the Kerkouane Exploration Licence offshore Tunisia has provided the results of an internal study which was undertaken to provide a preliminary volumetric estimate of the potential hydrocarbon resource associated with the Lambouka gas discovery.

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Yemen offers new bidding round

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Yemen's ministry of Oil and Minerals opened up a fifth bidding round for 10 oil and gas exploration blocks.

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Exploration in Tunisia suspended

Exploration at the Jenein Centre-1 well in Tunisia has been suspended due to an unsuccessful completion attempt on the first formation tested.

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