FES International has been awarded a £598,000 contract to supply four high-pressure fluid swivels for Total's subsea Moho Nord project in Congo, West Africa. The Moho Nord project is to develop major discoveries, Marine 2 and 3, in the upper north of the Moho Bilondo license…
Austrian oil and gas firm OMV has agreed to farm in to a deepwater block offshore Gabon. Under the terms of the agreement, OMV will acquire 30% non-operated interests in the Manga and Gnondo blocks, from Ophir Energy. It will also…
TGS has started acquisition of a 3D multi-client seismic survey covering 2022sq km offshore Benin. The BR-13 survey will be TGS' second 3D survey in Benin. The 3D data will build upon current subsurface knowledge and provide improved imaging of deep Cretaceous and Tertiary strata…
Norway's Statoil has said a fifth natural gas discovery in Block 2 offshore Tanzania has opened up a new play in the region. The Mronge-1 discovery, drilled in 2500m water depth by the Discoverer Americas drillship, 20km north of the Zafarani discovery…
Ocean Rig and Energean Oil & Gas will create a joint venture called OceanEnergean to participate in new bid rounds for hydrocarbon exploration and exploitation in Greece and abroad in more than 1000m deep water. Each company will hold 50% of the share capital…
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…
Drilling on the first exploration well in Tanzania's Block 7 has started, using the Deepsea Metro I drillship, said operator of Ophir Energy plc. The Mlinzi Mbali-1 well, in which fear has an 80% interest, is in 2600m water depth, 210km west of Dar es Salaam…
Since the turn of the millennium, global pipeline investment has undergone sustained and, in recent years, robust growth as a result of favorable market conditions and industry trends, including: the continued high levels of investment in offshore development…
FMC wins TEN order FMC Technologies Inc. received an order from Tullow Ghana Ltd. to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order's estimated value is US$340 million. FMC Technologies’ scope of supply includes subsea trees…
Transboundary may head to committee The US Senate bill ratifying the US-Mexico Transboundary Hydrocarbon Agreement, S. 812, is reportedly on its way to a conference committee. The Senate’s version of the bill, passed last month (October)…
Exxon Mobil Corp. has received extensions on three of its production sharing contract licenses offshore Madagascar, the company announced on 6 November 2013. The supermajor said the extensions will enable the resumption of exploration activities on the Ampasindava…
Africa-focused Lekoil is to raise US$100 million funding through a placing with Mirabaud Securities LLP for drilling offshore Nigeria. The cash will be used to complete drilling and testing on the Ogo-1 well and Ogo-1 side track; the future development of the OML113 licence offshore Nigeria…
Australia’s Pura Vida has agreed a farm-in deal giving it a 50% stake in the Ambilobe area office Madagascar, east Africa. The firm has also finalized a farm-out deal offshore Morocco. Pura Vida will take a 50% stake in the Ambilobe block…
Tullow Ghana Limited has awarded two contracts for work on the TEN project worth about US$1.23 billion. The contracts will be shared between Technip and Subsea 7, who are working as part of a consortium on the project. The TEN project is in the Deepwater Tano contract area…
Cobalt International Energy has made two discoveries at its Lontra #1 and Mavinga #1 deepwater Pre-salt exploratory wells offshore Angola. On Block 20, the Lontra #1 well confirmed an oil and gas discovery. Further evaluation, including a drill stem test…
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