BP and CGG entered into an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology…
Petroleos Mexicanos (Pemex) and Chevron entered into a memorandum of understanding (MOU) intent on increasing cooperation in areas such as deepwater, heavy oil and mature fields. The preliminary deal also covers collaboration on natural gas…
The American Association of Petroleum Geologists (AAPG) and the Society of Exploration Geophysicists (SEG) announced a joint venture to co-present oil and gas events around the world to provide their members and the oil and gas global industry…
Mexico seismic services company COMESA selected Paradigm as a strategic partner for its new seismic data processing center. Through the use of Paradigm software solutions for seismic processing and imaging, subsurface modeling and reservoir characterization…
Drilling has completed on Lundin Petroleum's Gobi-1 wildcat in the Gurita production sharing contract (PSC), located off Indonesia in the Natuna Sea’s West Natuna basin. The prospect is being plugged and abandoned after failing to find hydrocarbons…
Lundin Petroleum AB spudded the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia. The West Prospero. From Seadrill. The Kitabu prospect is a stratigraphic trap…
Eni made an “important” gas discovery in the Merakes exploration prospect, located in the East Sepinggan Block, offshore Indonesia. The East Sepinggan block is located in the offshore East Kalimantan (Borneo), 170km south of the Bontang…
The Agence de Gestion et de Coopération entre la Guinée-Bissau et le Sénégal (AGC) awarded African-focused Impact Oil and Gas a new exploration license covering the AGC Profond block, located offshore, in the Senegal Guinea Bissau Joint Development Zone (AGC)…
UK-based Ophir Energy increased its footprint offshore Gabon by signing exploration and production sharing contracts (PSC) for two additional blocks in the area. The new blocks, A3 and A4, are located outboard of Ophir's existing acreage in the North Gabon basin…
The Danish Energy Agency (DEA, Energistyrelsen) reported record interest from oil and gas companies in the upcoming licensing round for blocks in the North Sea. DEA received 25 applications from 15 oil companies, and several applicants have not previously held licenses in Denmark…
GDF SUEZ E&P and BP have made an oil and gas discovery spanning two blocks in the in the UK Central North Sea. The discovery well 30/1f-13AZ, which spans GDF SUEZ-operated Block 30/1f (license P1588) and BP-operated Block 30/1c (license P363)…
Shell made a large exploration discovery at the Leopard-1 well, offshore Gabon, West Africa. The exploration well encountered a substantial gas column with around 200m net gas pay in a pre-salt reservoir. Leopard-1 is located in license BCD10 approximately 145km off the Gabonese coast…
Statoil discovered new oil resources in the D-structure at well 25/8-18 S in PL169, near the Grane field, in the North Sea. Map from Statoil. The D-structure is located on the Utsira High…
Genel Energy's SM-1 well on the Nour prospect in the Sidi Moussa block offshore Morocco has found oil and is to be well tested. Partner San Leon Energy said the well, drilled using Noble Corp.'s Noble Paul Romano semisubmersible drilling rig…
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…