Statoil ended a joint license agreement with Bahamas Petroleum. Bahamas Petroleum says Statoil is dropping its involvement in the agreement following its exploration successes elsewhere and a subsequent review of its global portfolio…
Trinity Exploration & Production spudded the El Dorado exploration prospect, located offshore the west coast of Trinidad in the PGB license in 6ft of water. The well is 2km from Trinity-operated production infrastructure. Trinity is operating…
Noble Energy hit a deepwater discovery offshore the Gulf of Mexico. The Dantzler exploration well, located 12m west of the firm’s Rio Grande development in Mississippi Canyon 782, has encountered over 120ft of net pay, mainly crude oil, in two Miocene reservoirs…
Wintershall is to begin evaluating development options for the Skarfjell discovery, after a second appraisal well on the field exceeded expectations. Options could includea tie back to the Gjøa platform, or another facility, or as a standalone development…
Petrofac's Integrated Energy Services (IES) business chief executive Andy Inglis is to leave the company at the end of February 2014 and join exploration firm Kosmos Energy as CEO and chairman, based in Dallas, Texas.Inglis will join the Kosmos board on March 1…
Brazilian independent HRT Participacoes em Petroleo SA acquired a 60% working interest and the operatorship stake in the Polvo field from BP Energy do Brasil Ltda, following the Jan. 8 close on a deal worth US$101 million.In the transaction…
The Egyptian General Petroleum Corporation (EGPC) has launched a new bid round for exploration licenses in the Gulf of Suez. Fifteen blocks, five in the Gulf of Suez and 10 in the Western Desert sedimentary basins, will be available, with licenses to be agreedon a production sharing model…
A consortium led by Chevron has been awarded exploration licenses covering two blocks offshore north-east Greenland. Consortia led by Statoil and ENI were also awarded licenses, covering one block each, also off north-eastern Greendland…
Lime Petroleum PLC subsidiary Masirah Oil Limited has halted drilling in exploration well Masirah North North #1 (MNN #1) for safety reasons. MNN #1 was drilled to a depth of approximately 1000m before mud losses in two carbonate sections…
Syria's news agency SANA, announced that the Syrian Ministry of Petroleum and Mineral Resources signed the 'Amrit' contract with Russia's Soyuzneftegaz on 25 Dec 2013 for offshore oil drilling, development and production in Block no. 2 of Syria's territorial waters…
Petróleo Brasileiro S.A. (Petrobras) submitted a Declaration of Commerciality (DoC) for oil and gas accumulations in the Carioca area, located in the Santos basin pre-salt. The new field will now be known as “Lapa.” The DoC was submitted to the Brazilian National Agency of Petroleum…
At the end of Q3 2013, Maersk Oil reported it continues assessing the Itaipu and Wahoo appraisal wells, and lists the offshore Brazil projects as part of its long-term perspective. Up to the first quarter of 2013, Maersk Oil has drilled…
Plans for arctic exploration and development continue apace—but will there be resources available? Elaine Maslin reports. The size of the arctic offshore challenge is significant, both in scale and complexity, with relatively little activity carried out to date…
Houston’s Cobalt International Energy, Inc. reported that its Lontra #1 presalt discovery well in Block 20, offshore Angola, found more oil and gas than estimated. Drill stem test placed Lontra’s well production at a stabilized flow rate of 2…
CGG surveys GOM for Pemex CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever…
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