Liberia Granted Chevron Oil Corp to Explore Three Deepwater Offshore Oil

Friday, September 10th, 2010

Liberia has an agreement with a foreign company to exploration of crude oil in territorial waters. On 29 August, the government of Liberia announced it had granted Chevron Corp. concessions to explore three deepwater areas for offshore oil in a three-year program set to start later this year. Liberia is also granting exploration rights to [...]

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British Oil Exploration Drilling Falkland Island

Tuesday, February 23rd, 2010

British oil exploration company began drilling near the Falkland Islands, a development that could worsen tensions between Britain and Argentina, which fought a war over the disputed islands nearly three decades ago. Desire Petroleum PLC said it started drilling for oil about 60 miles (100 kilometers) north of the disputed Falkland Islands, despite strong opposition [...]

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Hurricane Exploration discovers Shetlands oil

Thursday, February 18th, 2010

Hurricane Exploration plc (“Hurricane”) is pleased to announce that it has discovered light oil at its Lancaster basement prospect in Block 205/21a, West of Shetlands. Hurricane has a 100% interest in the licence block. Although the discovery is potentially very significant, data gathered during drilling, logging and production testing requires further analysis before estimates of [...]

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