Although Australia has some of the most progressive fiscal regimes for offshore oil and gas, the country is being short-changed in LNG exports, which is on the verge of further expansion this year. Audrey Raj reports. Shell’s…
Statoil is giving up on exploring the Reinga basin offshore New Zealand, following its three-year study of the area, which has shown low probability of a discovery. Map of New Zealand, from Statoil…
CGG has started a large broadband 3D multi-client survey in the pre-salt area of the deep water Santos Basin, offshore Brazil. Santos VII (Saturno) is the third phase in CGG’s most ambitious pre-salt project to date, collectively known as the Santos Basin Trilogy…
MEO Australia has commenced farm-out process to secure funding partners to progress the technical assessment and drill the gigantic Beehive prospect in Bonaparte Basin, offshore Western Australia. Beehive in permit WA-488-P is fully owned by MEO…
Norway-based geoscience firm Spectrum started a 15,000km multi-client 2D survey offshore Brazil in the Santos and Campos Basins. The new acquisition program is an outboard extension of Spectrum's 2012 Santos Campos Phase 1 survey, and will tie other programs in the Santos…
MEO Australia has reached an agreement to assign its 50% interest in the WA-454-P exploration permit, in the Bonaparte Gulf, offshore northern Australia to Origin Energy Resources. MEO had actively sought an additional partner for WA…
Finder Exploration has added a new exploration permit to the portfolio – AC/P 61. The permit, which Finder has 100% interest, is located in the Vulcan Sub-basin, western Bonaparte Basin in the Timor Sea, approximately 250km offshore and 650km…
MEO Australia’s Beehive has shown “very encouraging results” following seismic reprocessing and inversion study over prospect in WA-488-P, offshore Australia. The seismic inversion results have reinforced the interim reprocessing results…
MEO Australia is achieving positive results from the seismic reprocessing and inversion study currently underway over the Beehive prospect in WA- 488-P, off the north coast of Western Australia. MEO said that Beehive is a potential giant…
Heather Saucier examines the geology of the Mediterranean and North African region, and assesses where more discoveries could be made. The location of four assessment units in the Nile Delta Basin Province in the Eastern Mediterranean…
New Zealand is offering four offshore blocks in its 2016 block offer petroleum tender. 2016 block offer map, from New Zeland Petroleum & Minerals. The four offshore release areas have a total acreage of 525…
Petróleo Brasileiro (Petrobras) has started production from the Cidade de Maricá floating production storage offloading unit (FPSO), in the pre-salt layer of the Santos Basin, offshore Brazil, in addition to the expansion of the country’s longest subsea natural gas pipeline…
Australia and New Zealand hold vast petroleum potential, much of which remains undeveloped. Audrey Raj sets out the detail. Samples of oil from various New Zealand discoveries. Photo from TAG Oil…
Image: silver-eye/Searcher Seismic Searcher Seismic announced that the acquisition of the Silver-Eye 3D seismic survey in the Hammerfest Basin, Norwegian Barents Sea is now complete. The…
All four phases of CGG’s BandaSeis 2D BroadSeis multi-client program targeting the Banda Arc around East Indonesia and Timor Leste have now been fully processed and are ready for delivery. BandaSeis data coverage…
Subscribe
