US giant ExxonMobil and Italy’s Eni signed a US$2.8 billion cash deal that will see ExxonMobil acquire 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Map of Area 4…
Cairn Energy was awarded license option (LO) 16/18 in the Atlantic Ireland Licensing Round in 1H 2016, in addition to a farm-in to a 70% working interest and operatorship in the adjacent LO 16/19 with Europa Oil & Gas with plans for 3D seismic in 2017…
Anadarko is planning to drill up to 10 exploration/appraisal wells in the deepwater Gulf of Mexico, Côte d'Ivoire, and Colombia this year, the company announced today (8 March). Anadarko CEO Al Walker…
Chevron subsidiary Cabinda Gulf Oil Co. (CABGOC) has started up the main production facility of the Mafumeira Sul project in Block 0, offshore Angola. Image of the Osprey heavy lift vessel that…
Eni has finalized a farm-in agreement with Total to acquire 50% stake in the French company’s Block 11, offshore Cyprus. Map of Block 11, from Total. “With this transaction Eni further reinforces its own position in the country…
Erin Energy signed a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig at its Oyo-9 well on the deepwater Oyo field, offshore Nigeria. Image of the Pacific Bora…
Odfjell Drilling has signed a conditional letter of award with an oil major for a one well contract to be drilled by the sixth generation semisubmersible, Deepsea Stavanger, offshore South Africa. The contract commencement is back to…
BP’s five-year plan has revealed the next wave of its competitive projects with potential new final investment decisions (FID), a list of several offshore projects set to come online this year, and eight projects that are currently under construction set for start-up in 2018-2021…
Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry. The round, offering 'all…
Farstad Shipping has been awarded six global charter and extension contracts with several companies. The anchor handling tug supply vessel Far Sigma has been awarded a one well contract by Lundin Norway to support their drilling program…
Dallas-based Kosmos Energy is looking to drill “the industry’s most prospective exploration wells,” as the company moves towards its second phase of exploration offshore Mauritania and Senegal. Map of the Greater Tortue area…
Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages of hydrocarbons. The seeps survey complements a seismic exploration program that was completed recently offshore Kenya. Image…
International compressor supplier Tamrotor Marine Compressors (TMC) has been awarded a contract by Golar LNG to supply the offshore market’s most energy efficient compressed air system to the Hilli FLNG vessel, which will operate offshore Cameroon…
Noble Energy is moving forward with the development of its giant Leviathan project offshore Israel, with first gas targeted for the end of 2019. Image of Tamar operations, from Delek Group. The estimated 22 Tcf gas field…
Polarcus has received a letter of award for a 4D marine seismic acquisition project offshore West Africa. The project is due to start in Q2 2017 and will run for approximately one month.