KrisEnergy has named Kelvin Tang, chief operating officer (COO) and president of the company’s Cambodian operations, as its new chief executive officer (CEO) effective 1 September 2017. Jeffrey S. MacDonald, who served as the interim CEO and board executive director since July 2016…
ADES International Holding Ltd. has been awarded a contract by Belayim Petroleum Co., a joint venture between ENI IEOC and Egyptian General Petroleum Corporation, for a three-month drilling campaign offshore Egypt. The drilling campaign will be led by ADES’ offshore jackup drilling rig…
The Norwegian Petroleum Directorate (NPD) has signed framework agreements with 11 supplier firms representing various technology areas to ensure sufficient capacity to be an even better champion for developing new fields and improving recovery from producing fields…
Statoil Petroleum has awarded to Oceaneering International business unit Asset Integrity a three-year operational inspection frame agreement extension. Under the agreement, the Oceaneering unit will develop and implement inspection and…
African Petroleum signed nonbinding heads of terms and a binding exclusivity agreement with a “well-funded, listed oil and gas company with a strong track record in offshore deepwater drilling,” for a drilling campaign offshore Senegal and The Gambia…
Private equity backed independent Alpha Petroleum Resources is targeting first oil from its UK North Sea Cheviot oil field in 2019, after entering agreements with floating production system provider Teekay. Alpha expects to achieve…
US supermajor ExxonMobil and Qatar Petroleum signed an exploration and production sharing contract with the government of the Republic of Cyprus for Block 10. Block 10 PSC signing. Image from Qatar Petroleum…
Unmanned aerial vehicle (UAV) inspection and survey firm Cyberhawk Innovations has won a three-year framework with Dubai Petroleum for UAV inspections across all of its offshore assets. The agreement, which has the option to renew on a yearly basis for two years…
Atlantic Petroleum issued notices to Iona Energy Co. (UK), which is in administration, to remove Iona as the operator of the Orlando and Kells licenses, offshore the UK. Atlantic has requested special meetings of the joint operating committees of UK Licenses P…
Eco Atlantic Oil & Gas Ltd. entered into a deal to sell its total interest in Eco Atlantic Ghana Ltd. (Eco Ghana) to PetroGulf Ghana (PetroGulf), and is setting its focus on Guyana. Eco Ghana holds the Eco Atlantic’s interest in the Three Point West Deep Water Block…
West Africa focused independent African Petroleum is to drop its production sharing contracts for blocks LB-08 and LB-09 after they expired. The PSCs formally expired in June 2016 and since then the firm has been in discussions with Liberian authorities over a possible extension…
Bahrain authorities have invited Eni to study and assess the potential of some exploration and production assets in the country. To this purpose four agreements have been signed between the Bahrain Petroleum Co. (Bapco), Tatweer Petroleum and Eni…
Mubadala Petroleum has reached agreement with Petrofac for the modification and extension of contracts related to the FPF-003 floating production, storage and offloading vessel (FPSO), which continued extension of the Jasmine development’s field life…
Petrel Resources and Clontarf Energy, with a Ghanaian partner, have been offered revised deep water Tano Basin acreage by Ghanaian officials, which have been accepted in principle. The acreage, which has been offered to Pan Andean Resources…
Petrel and its partners have met for discussions with Ghanaian officials, with negotiations now underway for a possible award of deepwater Tano basin acreage, as well as replacement acreage for the company’s signed petroleum agreement on Tano 2A Block…
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