Global & Regional Oil & Gas Exploration Market Studies by OG Analysis Now Available at MarketPublishers.com

04 May 2016 • by Natalie Aster

LONDON – TD The Market Publishers, Ltd. is very pleased to announce that new OG Analysis reports investigating global and regional markets for oil and gas exploration can now be found in its online catalogue.

Global Oil and Gas Exploration Market. The global market for oil and gas exploration is a mature, and a large number of companies are involved in its activity. Shell has recently received a five-year permit for deepwater exploratory drilling from Bulgaria. Cuba also intends to start drill for oil in deepwater, though prices are low. In the meantime, the number of wells drilled in Canada is forecast to go down by 16 percent in 2016. South Africa is expected to permit exploration of shale gas starting from 2017…

Europe Oil and Gas Exploration Market. The Norwegian witnessed a decline in exploration activities as of 2015. However, approximately 60 offshore licenses (in areas that are mature) were awarded by Norway. Local oil companies and unions are increasingly interested in starting exploration activities at Arctic Islands. Rosneft (HQ in Russia) intends to increase its exploration drilling by more than 38 percent in 2016. Greece is expected to announce its decision regarding three gas exploration licenses in the offing…

Americas Oil and Gas Exploration Market. A stake of up to 10 percent in Libra offshore Oil Field will be sold soon by Petrobras. Staitoil, in the meantime, it expected to become an owner of a 35 percent stake in Block 15. In Ecuador, oil services firms decided to pour approximately USD 1 billion in increasing local output. Mexico has recently discloses its plan to offer more than 9.65 billion Boe (barrel of oil equivalent) in deepwater for exploration in the upcoming years (through 2019)…

Asia Pacific Oil and Gas Exploration Market. Five blocks for exploration have been recently offered by New Zealand. Total will soon start exploring several deepwater blocks off the east coast of Sri Lanka – the company signed an agreement with the country’s government in February 2016. A 60 percent stake in Kazahstan Block was sold for USD 155 million not so long ago. Its new owner is Reach Energy (HQ in Malaysia). Meanwhile, 18 blocks located in offshore are offered by China. In Thailand, development drilling has been initiated by Mubadala Petroleum…

Middle East Africa Oil and Gas Exploration. A new round of oil exploration was launched in April 2016 by Egypt. Africa will receive EUR 20 billion of investment from Eni over the next four years, with oil and gas being the main focus of the company. Besides, the company continues to expand its global reach. For instance, it is now has a right to enter the upstream of Morocco since the company signed an agreement with Chariot Oil & Gas…

More new reports by our partner are available at OG Analysis page.

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