Italian major Eni and Korea Gas Corp. (Kogas) signed a cooperation agreement that will allow the two to jointly pursue global opportunities in a number of areas including the upstream and LNG sectors. Image from Kogas…
Perth, Australia-based Woodside Petroleum will farm into 30% of the Tilapia production sharing contract offshore Cameroon, the company announced on 14 October. The company signed an agreement with Tilapia partners Noble Energy and Glencore for the block…
Chevron’s Angolan subsidiary, Cabinda Gulf Oil Co. Ltd., extended its contract for the ultra deepwater semisubmersible Maersk Deliverer offshore Angola for two years. Maersk says that the estimated revenue potential from the two-year extension is US$387 million…
SOCO International says its subsidiary SOCO EPC is planning to perform a well test on the Lidongo X Marine 101 well in the Marine XI Block offshore the Republic of Congo, west Africa. The well encountered oil in a clastics sequence in…
Deepwater exploration offers one of the few attractive places for today's international oil companies, but costs will need to be curbed to make it work, senior executives said in Aberdeen today (14 October). Total's…
Petrel Resources and Clontarf Energy have confirmed that an agreement has been reached with the Ghanaian authorities on the specific revised co-ordinates of the signed Petroleum Agreement on a license Block in the Tano area of Ghana. The…
Liberia’s current invitation-only bidding round has ignited interest among international oil companies, due to the country’s considerable hydrocarbon potential and favorable fiscal terms. However, the Ebola virus outbreak and Liberia’s poor infrastructure will pose challenges to the round…
Yinka Folawiyo Petroleum and joint venture partners made the final investment decisions to develop the Aje Cenomanian oil reservoir in the OML 113 license in Nigeria. Map of the Aje field. From Panoro…
Mozambique will announce their fifth licensing round later this month in London. A total of 15 blocks at a total acreage of 76,800sq km will included in the competitive bidding round for hydrocarbon exploration that include areas offshore Rovuma…
Shell began its first deepwater development in Malaysia with the Gumusut-Kakap floating platform. Shell's Gumusut-Kakap. From Shell. The Gumusut-Kakap field is off the coast of Malaysia…
Baker Hughes Inc. issued the September 2014 international rotary drilling rig count today, showing a total of 1323 rigs operating internationally in September 2014, outside of the US & Canada. The worldwide rig count for September 2014 was 3659…
Keppel Offshore & Marine Ltd. (Keppel O&M) wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Nantong Shipyard Co. Ltd were awarded contracts worth approximately US$120 million. From Keppel Bumi…
Australia-based Sunbird Energy has agreed a deal to raise more than AUD$25 million to help advance its Ibhubesi Gas Project offshore South Africa. The deal involves Pan-African investment company Vandasia Investments acquiring 43.9% interest…
UK-based Cairn Energy and its Senegalese partners have made an oil discovery, which has the potential to be a “significant standalone development”, on the deepwater FAN-1 well. The well, drilled using the semisubmersible Cajun Express…
SBM Offshore’s Paula Farquharson-Blengino provides an inside look at the company’s Angola shipyard, a joint venture between partners Sonangol and DSME. Paenal is the first yard in West Africa with the capacity to facilitate mega FPSO vessels…
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