Latest News - page 1917


Empyrean starts 3D survey off China

Jun 08, 2017

Empyrean Energy has started a 3D seismic survey on its 100% owned Block 29/11, offshore China.   Block 29/11 is about 1800sq km and is situated some 200km south-southeast of Hong Kong in 340-600m water depth.   Empyrean has contracted China Oilfield Services Ltd…

BOEM launches GoM marine species assessment

Jun 08, 2017

The Bureau of Ocean Energy Management (BOEM) is funding and participating in a federal research partnership that has launched an intensive three-year program to improve assessment studies of protected marine species in the Gulf of Mexico…

Investment firm backs Norwegian startup

Jun 08, 2017

Private investment firm Elliott Management will provide US$500 million in funding to newly established Edge Petroleum AS’s management team. Norway-based Edge will focus on building a portfolio of oil and gas fields in the development phase…

Woodside, Far in SNE squabble

Jun 08, 2017

Woodside Petroleum is accusing Far Ltd. of not supporting its arrangement to undertake development work at the SNE oil field offshore Senegal, however Far has responded fairly quickly, disputing Woodside’s claim. Map of SNE…

Sapura inks US$206 million in work

Jun 08, 2017

Sapura Energy Berhad (SEB) has been awarded contracts with a combined value of about US$206 million (RM879 million) offshore Myanmar, Brunei, India, and Australia from several companies including PTG, Shell, ONGC, and PTTEP. Off Myanmar…

Statoil: Global energy transformation needed

Jun 08, 2017

In Statoil’s 2017 Energy Perspectives report, the Norwegian giant says that immediate action is needed to transform the global energy system. Image from Statoil. Statoil is expecting substantial changes in the global energy mix…

CGG delivers Encontrado data

Jun 08, 2017

CGG has delivered the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico's prolific Perdido fold belt to the Comision Nacional de Hidrocarburos (CNH) and the industry. The final reverse time migration (RTM)…

Tullow lines up Guyana seismic, 2018 drilling potential

Jun 08, 2017

Tullow Oil is planning a 2550sq km 3D seismic survey on the Orinduik Block offshore Guyana, close to ExxonMobil's giant Liza discovery with plans to drill on the block as early as next year. According to partner Eco Atlantic Oil & Gas…

Seabird to shoot 2D offshore Namibia

Jun 08, 2017

Global Petroleum has contracted Seabird Exploration to acquire 834km of full fold 2D seismic data covering block (PEL 0029) offshore Namibia. The survey has been designed as an infill program with the aim of providing better delineation of an extremely large…

MAN to acquire 40% stake in AKA

Jun 07, 2017

MAN Diesel & Turbo has agreed to acquire a 40% participation in Candian company Aspin Kemp & Associates (AKA). AKA based in Montague, Prince Edward Island (PEI), which specializes in power supply, energy management and drive systems for marine applications…

Hyperdynamics, Sapetro close farmout deal

Jun 07, 2017

Hyperdynamics’ wholly owned subsidiary SCS Corp. (SCS), and South Atlantic Petroleum (Sapetro) have completed the closing of their farmout agreement, becoming full 50/50 partners in the production sharing contract (PSC) with the Republic of Guinea…

AkerBP performs “pioneer project” at Valhall

Jun 07, 2017

AkerBP has started plugging operations at the Valhall field, in what the company is calling a pioneer project that involves fully powering the Maersk Invincible drilling rig from shore. Image of…

Total dives into Ireland’s offshore

Jun 07, 2017

Total will expand its deepwater exploration and production efforts to Ireland’s offshore after entering options to acquire interests and operatorships in southern Porcupine Basin licenses. Image: Providence…

NPD grants drilling permit for Kayak

Jun 07, 2017

The Norwegian Petroleum Directorate (NPD) on Wednesday granted Statoil Petroleum AS the exploration drilling permit for the Kayak prospect in the Barents Sea. Statoil will use the Songa Enabler to drill wildcat well 7219/9-2 in production license 532…

Statoil to drill Carmen prospect

Jun 07, 2017

Norway’s Petroleum Safety Authority (PSA) has given Statoil the go-ahead to drill the Carmen prospect in the Norwegian Sea. Statoil will use the semisubmersible Deepsea Bergen to drill Carmen, located on Block 6507/8 in 358 m of water at Haltenbanken…

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