Seismic acquisition firms PGS and TGS are working together to expand 2D seismic coverage offshore eastern Canada ahead of a new tenure round in the area, while EMGS signed a multi-client license agreement with Nalcor Energy (see below) covering the Flemish Pass basin…
In early April, Rosneft and ExxonMobil began aerial gravity-magnetic surveys over offshore blocks in the Yuzhno-Chukotsky licence area in the eastern Russian Arctic to establish the subsurface structure of the field. As part of a framework agreement…
Singapore-based KrisEnergy Ltd. has added an operatorship offshore Indonesia, and also announced it will not acquire the G3/48 exploration licence in the Gulf of Thailand. KrisEnergy announced in January that it had been seeking a 60%…
Douglas-Westwood has released its 12th World Deepwater Market Forecast (2014-2018), suggesting that deepwater spend will surge from 2016 onwards. Deepwater expenditure is expected to increase by 130%, compared to the preceding five-year period…
Octanex N.L., an Australian exploration company, announced Thursday that it has been advised by OMV New Zealand Ltd., the operator of offshore Taranaki Basin permit PEP 51906, that the new Kaka 3D seismic survey has been successfully acquired within and adjacent to the Permit…
BP has chosen accommodation vessel provider Prosafe for a 13 month contract as part of a major upgrade project on its ETAP facility in the North Sea. The US$98.2 million contract will see BP Exploration Operating Company Limited (BP)…
After two years of planning, BP is about to launch a major renewal program on its North Sea Magnus and ETAP facilities. BP explained the program—and its long term aims—to Elaine Maslin. Operators in the North Sea are tackling a thorny…
Rosneft, jointly with the RosHydroMet Arctic and Antarctic Research Institute, starts the large-scale program for comprehensive studies of the Kara Sea shelf as part of Kara Sea Summer 2013 Marine Expedition. The expedition was scheduled for July 12…
Baker Hughes participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013. The test was conducted from a drill ship for the Japan Oil Gas and Metals National Corporation (JOGMEC) in the Nankai Trough…
Baker Hughes announced that it participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013.The test was conducted from a drill ship for the Japan Oil, Gas and Metals National Corporation (JOGMEC) in the Nankai Trough…
Andrew McBarnet points to the signs that indicate previous enthusiasm for gas hydrate research in the US may be running out of steam. The announcement last month of significant progress in a key gas hydrates research project offshore…
Light Oil Market Access Program mapPipeline expansion targets light oil markets Enbridge Inc. has received shipper support to proceed with a $6.2 billion program to expand access to markets for growing volumes of North Dakota and western Canada light oil production…
The benefits of 'remote open close' technology are increasingly being sought out by operators as a new way to approach well interventions and completions, particularly in deepwater and subsea applications where rig time savings are critical…
The current state of development of methane hydrate resources – ‘from Mallik to the Nankai Trough' – was examined by an international symposium in Japan late last year. Two of the participants, Professor Andrew Palmer and Simon Falser from the…
With industry interest reawakened by recent deepwater, sub-salt gas finds offshore Israel, the eastern Mediterranean and Levantine Basin today loom large on the frontier exploration agenda. Here, Øystein Lie, Thore Sortemos and Per Helge Semb…
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