Chariot Oil & Gas has informed that its Lixus offshore license in Morocco which contains the undeveloped Anchois gas discovery, could hold more gas than previously thought.Chariot said Monday it had completed the reprocessing of 3D seismic data across the license…
Malaysian FPSO provider Yinson has ordered a large marine compressed air system from TMC for the FPSO Anna Nery, which currently under construction in China, and destined for Petrobras' Marlim revitalization project in Brazil.TMC's compressed…
PGS, Norway-based oil and gas seismic data specialist, has signed a deal with Ocean Floor Geophysics, (OFG) under which OFG has acquired the exclusive rights to use the hardware, software and intellectual property associated with the PGS towed…
French oil major Total has given up operatorship over five exploration blocks located in the Foz do Amazonas Basin, offshore Brazil.'Total announces that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks…
A discovery of ancient artefacts on the seabed off Australia's west coast has opened up a new frontier for resource companies to watch out for in conserving indigenous heritage.Archaeologists in July reported they had found hundreds of stone…
Australian oil and gas giant Woodside has signed binding agreements with Cairn for the acquisition of Cairn's 40 percent interest in Woodside-operated offshore oil blocks in Senegal.The firm deal, announced Friday, comes after Cairn had in July agreed to sell its interest in the Rufisque Offshore…
Australian offshore vessel operator MMA Offshore has secured vessel charter extensions with Woodside Energy.The contracts are for two of MMA Offshore vessels and will run until March 2022.'These extensions increase the Company’s contracted revenue…
Malaysian state-owned energy giant Petroliam Nasional Berhad said on Friday it would reshape its portfolio after reporting its first quarterly loss in nearly five years following a coronavirus-related demand slump and lower oil prices.Petronas…
An idled oil storage facility off Venezuela's eastern coast is in 'satisfactory' condition, an official with state company Petroleos de Venezuela said, after a series of incidents in recent months raised concerns about environmental hazards…
Oil and gas company Spirit Energy has been awarded six new licenses in the UK North Sea as part of the UK's 32nd Offshore Licensing Round.Spirit was handed operatorship in three of the licenses; Medusa, Bucephalus and Cavendish N extension, and partnership in the remaining three…
Ocean bottom node (OBN) seismic company Axxis Geo Solutions has signed a data licensing agreement with an unnamed international oil company. AGS said Friday the sale was related to the company’s OBN Seismic Data Library over Utsira in Norway…
Australian oil and gas company Kato Energy has filed an offshore project proposal for the development of the Amulet field - and possibly the Talisman field - on the North West Shelf, offshore of mainland Western Australia (WA).The field, located 132 km north of Dampier…
Pressure mounted on German Chancellor Angela Merkel on Thursday to reconsider the Nord Stream 2 pipeline, which will take gas from Russia to Germany, after she said Kremlin critic Alexei Navalny had been poisoned with a Soviet-style nerve agent…
ARO Drilling, a Saudi-focused offshore drilling joint venture between Valaris and Saudi Aramco, has appointed new CEO.The offshore drilling company said via social media that Derek Kent was named as its Chief Executive Officer. He succeeds Kelly McHenry…
Brazilian oil company Petrobras has extended contracts with offshore services company Subsea 7 for three pipelay support vessels (PLSVs) operating offshore Brazil. Subsea 7 said Friday that the extensions of long-term contracts had a combined value of about $155 million…