Enarsa, a new state firm, has signed deals with Brazil's Petrobras and Spain's Repsol for offshore exploration.
Greek officials have also begun tabling more traditional options including rolling back opposition to offshore exploration in local waters.
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It is a leader in offshore exploration and production, which has helped Petrobras keep production growing at nearly double-digit rates.
Oil and gas companies think it will facilitate offshore exploration and drilling.
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In 2002 and 2004 it held auctions for offshore exploration licences in the island's south-east that each drew a single bid, from Canada's Encana.
He said the federal government should provide incentives to states that permit offshore exploration, but he is against drilling in the Arctic National Wildlife Refuge.
The Norwegian Petroleum Directorate expects investments exploration and production costs to keep increasing through 2013, which will directly result in higher revenues for providers of offshore exploration and drilling services.
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PLC's failure to plug the mile-deep well that has been leaking oil since April is sending shudders down the spines of industry leaders who previously considered offshore exploration to be one of the last lucrative frontiers in the domestic oil business.
But offshore deepwater exploration could yet produce considerable finds more handily placed in the South China Sea.
Then the spill in the Gulf of Mexico fouled the waters: one of the bill's key elements is an expansion of domestic offshore oil exploration.
The United States, Norway, Russia and Greenland have all opened more of their Arctic offshore to exploration in recent years, leading to several big discoveries.
MEPs have called on the Commission to examine whether the scope of the Seveso Directive should be extended to include offshore oil exploration, pipelines and certain nanomaterials.
By issuing shallow water drilling permits at a rate 10 percent that of the same time last year, BOEM has imposed a de facto ban on offshore energy exploration on top of the official deepwater stay that ran from May to November.
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And all Arctic countries are opening their offshore areas to exploration with caution: for oil companies, the Arctic is one of the world's most tightly regulated regions.
"The administration put together a group of experts to review safety recommendations for offshore oil and gas exploration, " Barrasso said.
Facing significant gas shortfalls of their own, Egypt has begun offering licensing rounds for exploration on and offshore.
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Based in Houston, Forum Energy makes products and parts used in land-based and offshore oil-and-gas exploration and development.
"The deal is perfectly aligned with CNOOC's long-term strategy of achieving growth through the exploration and development of offshore fields and achieving geographic diversification of the company's portfolio, " Fu said.
As a permanent member of the United Nations Security Council, it can veto threatening resolutions, as it did a year ago (just three days before it secured exploration rights to three more offshore blocks near Ramree).
It is no wonder that BP are acting out this exercise in a public way as US lawmakers threatened to block any application BP would make to be party to drilling and exploration activity involving new US offshore leases because of its past safety record.
First, offshore Israel remains in the early stages of exploration.
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Even during recent negotiations to secure funding to fend off a collapse of their banking system and restructure a Russian loan, Cyprus balked at the idea of exchanging support for exploration and production rights to their offshore claims.
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Oilfield services companies provide the tools and equipment required in the exploration of oil including drilling rigs, offshore rigs and transport equipment.
Six Greenpeace activists have boarded a Russian offshore oil rig in protest over gas and oil exploration in the Arctic, the group says.
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So exploration for further reserves (and even for offshore gas) is being conducted across the country.
After going public in 2005, the company today contracts offshore rigs and inland barges for oil and natural gas exploration focused in the Gulf of Mexico.
Among the sticking points: a proposal to lift a 1981 ban on offshore oil drilling and open the Arctic National Wildlife Reserve in Alaska for exploration.
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The offshore drilling debate boils down to an argument over leasing government waters for oil and natural gas exploration and production.
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