Oil Exploration & Production News

Lebanon's energy and water minister says the country will start exploratory offshore drilling for oil and gas in 2019.

Lebanon: Oil and gas drilling to begin in 2019

Dec 15, 2017

Lebanon's energy and water minister says the country will start exploratory offshore drilling...

Petrobras and ExxonMobil today signed a memorandum of understanding regarding a strategic alliance to jointly identify and evaluate potential business opportunities.

Petrobras and ExxonMobil form strategic alliance

Dec 15, 2017

Petrobras and ExxonMobil today signed a memorandum of understanding regarding a strategic all...

The number of rigs exploring for oil and natural gas in the U.S. slipped by one this week to 930.

US rig count falls by 1 this week to 930, Pennsylvania up 3

Dec 15, 2017

The number of rigs exploring for oil and natural gas in the U.S. slipped by one this week to ...

Increased computing power, speed and storage reduce the time needed to analyze large amounts of seismic data to support oil and gas exploration, appraisal and development plans as well as other research and technology developments throughout BP.

Video: BP supercomputer now world’s most powerful for commercial research

Dec 14, 2017

Increased computing power, speed and storage reduce the time needed to analyze large amounts ...

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