Chevron subsidiary Cabinda Gulf Oil will proceed with the second stage development of the Mafumeira Sul project located in block 0, 24km off Cabinda, Angola in 60m of water. Scope of the US$5.6 billion project includes 50 wells, two wellhead platforms…
The Egyptian government approved Dana Petroleum’s development plan for the Nefertiti oil field in the Gulf of Suez following a successful appraisal at the Nefertiti2X well. Dana says the field is the first it developed by drilling extended reach wells from an onshore location…
Wintershall Norge hit gas and condensate at its Norwegian Sea wildcat 6407/16 S. The well discovered waterbearing reservoirs with gross vertical thickness of 118 and 123m, respectively, in the Garn and Ile formations. Gas and condensate were…
A full tensor gradiometry and magnetic airborne survey revealed a new oil prospect off the coast of Northern Ireland for Providence Resources. The Polaris prospect, located in the Rathlin Sound, lays structurally ontrend with the onshore 2008 Ballinlea1 well…
The US Bureau of Ocean Energy Management and US Department of the Interior announced that Central Gulf of Mexico Lease Sale 227 will offer 28.6 million acres off Louisiana, Mississippi, and Alabama. The sale will take place this month in New Orleans…
The Kenyan Government has confirmed a 60% expansion of FAR Ltd.’s L6 exploration permit off Kenya. This additional area, which had previously been relinquished and has now been re-instated, increases the total permit area to 5,010 km2.Click…
Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The ‘Arab Spring’ revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity…
Olso-based Aker Solutions and Houston-based FMC Technologies Inc. have both announced today major subsea contract deals with Petrobras in connection with the Brazilian NOC's pre-salt fields.(Image: Aker Solutions)Aker Solutions signed a new…
Venture capital firm Energy Ventures’ has announced a multi-million pound investment in Abrado Wellbore Services and its intention of seeking investing $100m in North Sea businesses seeking growth capital or buyouts over the next 12 months…
Research identifying strengths and weaknesses in the oil & gas decommissioning sector will be outlined to delegates attending a new one-day event for the sector taking place in Aberdeen today.Decom Offshore 2013 is being held by offshore oil…
Magma Global has strengthened its riser development team by appointing Simon Luffrum as Project Manager. Simon joins Magma from SRP (Subsea Riser Products) where he was Managing Director. Simon will initially head up Magma’s Taper…
Modus Seabed Intervention continues to demonstrate its commitment to be at the forefront of subsea technologies with the creation of a new Autonomous Underwater Vehicle (AUV) division.The North East England-based company has begun an investment programme into a planned fleet of AUV units…
Total inaugurated its new high-performance supercomputer on Friday, March 22, 2013. The computer, located at its Scientific and Technical Centre in Pau, now ranks the Group among the top ten international companies in terms of computing power. Read more...
GE Oil & Gas 2013 Annual Meeting, in its 14th consecutive year, was attended by more than 1000 oil and gas industry executives from over 70 countries. Meg Chesshyre joined the multitude in Florence, Italy.Gorgon module loading at Avenza, ItalyAt the beginning of the two day event…
HRT's wholly-owned subsidiary HRT Walvis Petroleum Ltd., spud the Wingat-1 (2212A/07) exploration well offshore the Republic of Namibia. The well is the first in HRT's back-to-back exploratory program in the Walvis Basin, the company announced on 25 March 2013…