Perth, Australia, based explorer Tap Oil has been awarded 100% of Blocks W14-7 and W14-16 in the Barrow and Dampier sub-basins on Australia's North West Shelf. The blocks were awarded as part of Australia's Work Program Round 1, which…
Singapore-based KrisEnergy is increasing its stake offshore Vietnam by taking over operatorship and all of Eni Vietnam’s interest. Map of Block 105. From KrisEnergy. Block 105 that covers 7192sq km at 20-80m water depth…
Scotland’s Paradigm Drilling Services is establishing its presence in Mexico by investing an initial US$5 million into the country and creating a Mexican subsidiary, Paradigm Drilling Services Mexico. Innes…
BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP…
Premier Oil spudded its first 2015 Falklands drilling campaign well, 14/15-5, using the Eirik Raude semisubmersible drilling rig on the Zebedee prospect on 6 March. The well, on license PL004b, will test a total of seven stacked fan bodies…
Australian energy company WHL Energy has outlined 'substantial opportunities' offshore the Seychelles following interpretation of a preliminary PreSTM volume of the Junon 3D seismic survey. WHL, which is a partner with operator Ophir Energy offshore the Seychelles…
VAALCO Energy has spudded the post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola using Transocean's Celtic Sea semisubmersible drilling rig. The well will be drilled to a planned total depth of 2250m in about 100m water depth…
Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced the bureau will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area…
Lundin Petroleum started drilling exploration well 33/2-2S in PL579 on the Morkel prospect in the Norwegian Sea. Morkel is 180km west of Florø on the Norwegian west coast and approximately 40km northwest of the Snorre field. The main…
Petrobras's executive board approved a two-year (2015/2016), US$13.7 billion divestment plan. The plan includes exploration & production assets in Brazil and abroad (30%), as well as assets in the downstream (30%), and gas and energy (40%) segments…
Initial evaluation of 3D seismic data shows that Providence Resources P.l.c.’s Drombeg prospect offshore southwest Ireland, is consistent with those of a large deepwater fan system. The Polarcus Amani 3D seismic vessel…
Otto Energy Philippines Inc. signed a farm-in agreement with Red Emperor Resources NL for a 15% working interest in SC55, offshore the Philippines. The Maersk Venturer. From Otto. SC55…
Kosmos Energy is to plug and abandon its CB-1 well in the Cap Boujdour permit area offshore Morocco after gas and condensate was found – but not in commercial quantities. Despite the non-commerciality of the well, Kosmos CEO Andrew Inglis says the results are positive…
Most of the Mexican side of the Gulf of Mexico remains unexplored. Dan McConnell explores the geotechnical knowns and unknowns in the basin. Acquiring geotechnical data for platform foundation design in Mexico’s Bay of Campeche Image from Fugro…
Repsol’s Director for Exploration and Production Technology Santiago Quesada discusses the company’s partnership with IBM aimed at developing cognitive technologies for better decision-making. As demand for oil and gas increases and oil plays mature…