TGS completed the fifth consecutive acquisition season offshore Newfoundland Labrador in partnership with PGS. The successful 2015 season was the biggest yet with the acquisition of over 27,000km of 2D multi-client seismic data and two multi-client 3D surveys…
The Canada-Nova Scotia Offshore Petroleum Board received successful bids from Statoil Canada to invest nearly US$61.7 million (CAD $82 million) to explore two properties, which were part of the board's 2015 call for bids. 'We are thrilled…
Independent Oil and Gas’s (IOG) Skipper discovery in the UK North Sea received an increase of recoverable resources by 6% to 34.1 MMbbl. Map of Skipper. From IOG. Skipper, currently in the advanced stages of planning…
Italian giant Eni and the Egyptian Government entered into an agreement for three amendments for the IEOC concessions, both onshore and offshore Egypt that will see the Italian giant make an additional investment of more than US$2 billion in the next four years…
Dallas-based Kosmos Energy encountered a “significant play-extending” discovery at its Marsouin-1 exploration well, offshore Mauritania, Africa, marking its second significant natural gas discovery within eight months in the area. Map of Block C8…
Technip Oceania has awarded Civmec a fabrication contract for 17 subsea jumper spools and associated lifting equipment for Shell’s Prelude FLNG project. Civmec said it has gained valuable experience through the delivery of spools for…
Xcite Energy has agreed a deal with Azinor Catalyst that will see Azinor carry out at technical evaluation of the blocks in its license P1979 in the North Sea in return for a 40% stake in the license. Block P1979 contains blocks 9/4a…
Tullow Oil's TEN development project offshore Ghana is about 75% complete and on schedule and on budget to deliver first oil in mid-2016, the firm said this morning. The floating production, storage and offloading vessel for the project…
Saudi Aramco and Hyundai Heavy Industries (HHI) have signed a general memorandum of understanding (MoU) to jointly collaborate on business development opportunities in Saudi Arabia. The MoU lays out a comprehensive, multi-faceted business cooperation framework in areas such as engineering…
Global Petroleum subsidiary Jupiter Petroleum has had its first license renewal period for offshore Namibia agreed. The First Renewal Period is for two-years, starting 3 December 2015, covering Petroleum Exploration License 29 covering blocks 1910B and 2010A in the Walvis Basin…
A team from diesel power specialist Royston has completed the engine overhaul on the Bluewater-owned Haewene Brim floating production, storage and offloading (FPSO) vessel. The facility has operated in the Pierce field in the UK sector of the North Sea since 1999…
UK-based independent Premier Oil says it has lined up key 'world class' contractors to provide the vessel and infrastructure for its Falklands Islands Sea Lion development, after completing pre-front end engineering and design on the project…
Nabirm announced that in conjunction with its partner, NAMCOR (10%) that it has concluded the interpretation of a 2D seismic survey on Block 2113A located in the Walvis basin, offshore Namibia, by US-based ION Geophysics. The license…
Atwood Oceanics has announced two contract activities in the Gulf of Mexico (GoM) and offshore Brazil. The Atwood Advantage. From Atwood Oceanics. An Atwood Oceanics subsidiary…
Ryan Lance, ConocoPhillips chairman and CEO has been elected chairman of API’s board of directors effective 1 January, 2016. Greg Garland, Phillips 66 chairman and CEO, has been elected chair of the finance committee. Lance is a petroleum…