More woes for the Norwegian oil and gas industry as Statoil announced it would cut potentially 1100-1500 permanent positions and 525 consultants by the end of 2016. 'We regret the need for further reductions, but the improvements are…
Energean Oil & Gas announced that it is to conduct a new 3D seismic survey over the Prinos oil field and its surrounding licenses, in the Gulf of Kavala, northeastern Greece. The 3D survey will cover an area of 400sq km and will last approximately three weeks…
IPB Petroleum announced that the company’s application for a 12-month suspension and extension to the WA-471-P exploration permit work program has been approved by the Commonwealth–Western Australia Joint Authority. Following IPB’s application in May 2015…
Tullow and Pancontinental Oil & Gas subsidiaries entered into an agreement to amend the farm-out agreement for exploration license 0037 (EL 0037) which covers 17,295sq km (4.2 million acres) in water depths extending to 1800m in the Walvis basin offshore northern Namibia…
Spectrum announced that their vessel has arrived in Mexico and started the acquisition of their Gulf of Mexico 2D campaign, in collaboration with Schlumberger. The first phase of the acquisition program Mexico Campeche-Yucatan 2D Regional…
Petróleos Mexicanos (PEMEX) discovered four new shallow water fields offshore Mexico with the potential to produce at least 200,000 b/d of crude oil and 170 Bcf/d of gas. Map of shallow water discoveries off Campeche and Tabasco…
The Macquarie/Brookfield-led consortium completed the acquisition of Apache’s Western Australian business, renaming the business Quadrant Energy, according to partner Carnarvon Petroleum. Phoenix map…
Paradigm released Paradigm 15, the latest extension of its comprehensive solution suite aimed at enhancing user productivity. Paradigm 15 includes technologies that help its customers develop the most productive targets first, drill fewer but better wells…
Mitra Energy’s Vietnam subsidiary began a 3D seismic survey acquisition offshore Vietnam at Block 127 that will cover a full-fold area of 533sq km. Map of Block 127. From Mitra. The…
Electromagnetic Geoservices (EMGS) will return to Mexican waters for Petróleos Mexicanos (PEMEX) to continue a 3D electromagnetic (EM) acquisition that was part of a 2013 contract between the two companies. The BOA Galatea…
Fugro and the Netherlands Enterprise Agency (RVO.nl), part of the Ministry of Economic Affairs, have signed two contracts to investigate the Borssele wind area, off the Zeeland coast. The work scope includes measuring meteorological…
Baker Hughes released its next-generation JewelSuite 6 software, which helps operators with data-driven decisions across all exploration and production domains with integrated applications for geological modeling and reservoir engineering…
Sterling Energy completed a 3D seismic survey of approximately 1100sq km over a high-graded portion of the Ambilobe Block offshore Madagascar. The acquisition was undertaken by CGG Services, on behalf of the Ambilobe joint venture partners…
The Atwood Achiever drillship spud the MZ-1 well and commenced drilling operations within the Mazagan permit, offshore Morocco, announced Pura Vida Energy. Based on the well plan, drilling is expected to continue for approximately two to three months…
CGG GeoSoftware releases HRS 10.0, adding to its Hampson-Russell seismic interpretation and reservoir characterization software suite. HRS 10.0 unveils two completely new products: RockSI, an interactive tool for exploring the link…