Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, a wholly owned subsidiary of INPEX Corp.The licence, which consists of two blocks, under one licence agreement…
South Australia's Beach Energy Ltd. discussed the results of its 2012 inland offshore exploration program in western Tanzania in an investor presentation last month. Wholly owned subsidiary Beach Petroleum (Tanzania) Ltd. holds 100% interest…
Hyundai Heavy Industries (HHI) received a letter of award for a US$1.3 billion order for a floating production unit (FPU) and a US$700 million order for a tension leg platform (TLP) from Total E&P Congo, the company announced on 26 March 2013…
TGS announced it will charter the 12-streamer Polarcus Asima for a six-month period. TGS will utilize the ship during an acquisition of a 3D multi-client survey covering 7800km 2 of the Sunfish acre age in Harper Basin, off Liberia. TGS will…
Australian exploration company Jacka Resources hired the GSP Jupiter jackup rig to drill and test its Hammamet West-3 exploration well off Tunisia, which is expected to spud later this month. The rig is en route to Tunisia and will require the…
Production has begun from BP and Sonangol’s PSVM development in block 31, off Angola. The PSVM development, BP’s second operated development in the country, consists of four oil fields: Plutão, Saturno,Vénus, and Marte. Three wells at the Plutão…
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…
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…
Perceptions may not be as bad as reality in post-conflict Libya.Hundreds of billions of dollars are expected to be spent in the cash-rich country in coming years; westerners are welcome in Tripoli; security has improved, and organizations…
Aker Solutions, the international oil services provider, has received a Letter of Award from Total for the delivery of a subsea production system for the Moho Nord project in the Republic of the Congo. The contract value is approximately NOK 4…
Martyn Conroy Aquatic Engineering & Construction Ltd., an Acteon company, named Martyn Conroy its new business development manager covering the Europe, Middle East and Africa regions. Conroy previously worked for Ashtead Technology, FirstSubsea and Hydratight…
Total, operator of the Moho-Bilondo license, announced the final investment decision and EPC contract awards for the Moho Nord development, consisting of the Moho-Bilondo Phase 1bis and Moho Nord projects. First oil is expected in 2015, with output reaching 140…
Cairn Energy PLC announce it will farm-in as operator of three blocks offshore Senegal in West Africa. This transaction will add a number of drillable prospects to the frontier exploration inventory and drilling program in the next 18 months…