The oil regulator for the Atlantic Canadian province of Newfoundland and Labrador has ordered a production shutdown by Suncor Energy's offshore Terra Nova site, finding the company was not compliant with required inspections and repairs.Terra Nova…
Oil and gas exploration and production company Eco Atlantic appears determined to make a breakthrough in its underexplored Namibian offshore assets after preliminary works in preparation for a deep dive it expects to take in the four offshore permits as early as October next year…
The signing of an acquisition agreement between Italian oil giant Eni and Qatar Petroleum for an offshore asset in Morocco this week has not only reinforced the business partnership of these two oil exploration and production companies but could…
Qatar Petroleum said on Wednesday it has entered into an agreement with Eni to acquire a 30 percent participating interest in the Tarfaya Shallow Exploration Permit, a series of 12 neighboring offshore blocks along the Atlantic coast of Morocco…
Houston headquartered Hyperdynamics has filed for Chapter 7 bankruptcy relief. The firm, which is focused on exploring offshore the Republic of Guinea, says it had reviewed and analyzed its options, including raising more finance, selling assets…
Providence Resources has been given consent to farm out stakes in the the Helvick and Dunmore Lease Undertakings (LU), in the North Celtic Sea Basin, and Dunquin South, in Frontier Exploration Licence (FEL) 3/04, in the southern Porcupine Basin offshore Ireland…
Hyperdynamics will seek a two-year appraisal period to test the Fatala prospect area for commercial resources, but will go solo after partner South Atlantic Petroleum (Sapetro) decided to withdraw from the joint operating agreement (JOA)…
Hyperdynamics Corp. received a letter from the government of Guinea confirming that a two-year appraisal period will be granted to the consortium of SCS Corp., a wholly owned subsidiary of HDYN, and South Atlantic Petroleum (Sapetro) in the event of an oil discovery in the Fatala-1 well…
Hyperdynamics’ wholly owned subsidiary SCS Corp. (SCS), and South Atlantic Petroleum (Sapetro) have completed the closing of their farmout agreement, becoming full 50/50 partners in the production sharing contract (PSC) with the Republic of Guinea…
Atlantic Petroleum has completed the sale of its 25% interest of UK license P.1606 Orlando to Decipher Energy. The Orlando project is a planned subsea tieback to the Ninian platform, operated by CNR International. Atlantic will get…
Hyperdynamics Corp.’s wholly owned subsidiary, SCS Corp. (SCS), South Atlantic Petroleum (Sapetro) and the government of the Republic of Guinea have executed a third amendment to the 2006 production sharing contract (PSC), to approve the…
Nigerian-based South Atlantic Petroleum (Sapetro) and Houston-based Hyperdynamics have agreed to a farmout, allowing Sapetro to pick up 50% participating interest in the production sharing contract covering the deepwater Fatala turbidite fan prospect…
Atlantic Petroleum has agreed to sell its 25% stake in the Orlando development to Decipher Energy. The project is a planned subsea tieback to the Ninian platform, operated by CNR International. Decipher Energy was set up in September…
Spain's Repsol has cleared a hurdle to drill the Stordal prospect in the Norwegian Sea using Transocean's semisubmersible drilling rig Transocean Spitsbergen. The Petroleum Safety Authority has given the firm permission to drill the Stordal well 6705/7-1 in 1410m water depth…
Spain's Repsol has been given the green light to drill a well on the Napoleon North license in the Norwegian Sea using the Transocean Spitsbergen Drilling rig. The Norwegian Petroleum Directorate says well 6705/7-1, targeting the Stordal prospect…
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