Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…
Four months after taking to the helm of Italian state-run Eni, CEO Claudio Descalzi is now the subject of a corruption investigation related to the acquisition of the large and lucrative deepwater oil prospecting lease (OPL) 245 offshore Nigeria…
CGG has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeisTM with BroadSourceTM, marine broadband technology. The four surveys represent a total contract value of over US$80 million. Three…
Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…
Oil and gas exploration and production programs in West African states are under increasing risk due to the failure to contain the Ebola virus, potentially depriving the region’s economy of millions of dollars a day, according to an analyst with research and consulting firm GlobalData…
BP Trinidad and Tobago (BPTT) awarded Technip an engineering, procurement, installation and commissioning lump sum contract for the development of the Juniper project, off the southeast coast of Trinidad. BPTT announced the sanction of the Juniper offshore project in August…
Dolphin Geophysical is to acquire and process a 7000sq km SHarp Broadband 3D survey offshore Senegal under a contract with Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess (pictured) has started operations and it will take about four months to complete…
Norway's Statoil and Nicaragua's DNP-Petronic signed a cooperation agreement for future oil and gas activities offshore Nicaragua's Pacific coast, it was announced on 3 September 2014. Statoil says that the consortium (Statoil and…
Dolphin Geophysical has been awarded a contract for the acquisition and processing of a 7000sq km SHarp Broadband 3D survey off Senegal by Kosmos Energy. The Dolphin high-capacity 3D vessel Polar Duchess has commenced operations, which will be completed in approximately four months…
CAMAC Energy Kenya Ltd., awarded Polaris Seismic International Ltd. a seismic contract for a 2D seismic surveys partly offshore Kenya. The survey covers 506sq km within Block L16 partly onshore and partly offshore Kenya. CAMAC says…
Statoil announced that the Dilolo-1 exploration well in the Kwanza basin offshore Angola was drilled to its pre-salt target, but failed to find any hydrocarbons. The well is now in the process of being plugged and abandoned. Statoil says…
Atwood Oceanics, Inc. took delivery of Atwood Achiever from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea. Atwood says the ultra deepwater ship began the mobilization phase of its drilling services contract with Kosmos Energy…
DOF Subsea's UK business unit has been awarded and started work on a multi-million dollar contract with Italy's Saipem. The scope sees the provision of DOF Subsea’s dive support vessel Skandi Singapore and project crew, to complete two key construction projects offshore West Africa…
Energy analysts Douglas-Westwood estimates in its World Floating Production Market Forecast that US$91 billion will be spent on FPSs during the period of 2013-2017. This marks a 100% increase over the previous five-year period, with the global CAPEX set to double…
In advance of OE’s 2014 Global FPSO Forum, Managing Editor Audrey Leon spoke with Peter Lovie, Senior Advisor, Floating Systems for Peter M Lovie PE, LLC, and program chair for Global FPSO Forum; Arjan Voogt, MARIN USA; and Bruce Crager, Endeavor Management…
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