Bumi Armada has suspended the bare-boat charter (BBC) and operations and maintenance (O&M) contracts on the FPSO Armada Perdana to Erin Energy Corp. due to delayed and irregular payments. The deals are between Bumi Armada’s wholly owned subsidiaries Armada Oyo Ltd…
Erin Energy is expecting to double its production by 6000-7000 b/d with help from the Oyo field offshore Nigeria, as the company plans to accelerate drilling in the area. The Pacific Bora, from Pacific Drilling…
The Future Energy Asia Exhibition & Conference was launched by Areepong Bhoocha-Oom, Permanent Secretary of the Ministry of Energy of Thailand today (24 April), in an initiative towards securing the path to Thailand’s Energy 4.0. The…
Australia’s FAR Ltd. has increased its stakes offshore Guinea-Bissau with plans to drill two exploration wells, and has gained a three-year extension for the area. Map from FAR. FAR…
Erin Energy entered a definitive farmout agreement that will see FAR Ltd. acquire 80% interest and operatorship of Erin Energy’s offshore A2 and A5 blocks in The Gambia, West Africa. Erin Energy will retain a 20% working interest in both blocks…
Erin Energy signed a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig at its Oyo-9 well on the deepwater Oyo field, offshore Nigeria. Image of the Pacific Bora…
A flurry of major gas discoveries in East Africa in 2012 shone a spotlight on the region. Four years later, while efforts to bring some of those resources to market via LNG developments are progressing, the exploration effort offshore appears to be in the doldrums…
The US$12 million (€11 million) FORESEA project is bringing together European ocean energy test facilities to help demonstration of tidal, wave and offshore wind energy technologies in real-sea conditions. The project is funded by the Interreg NWE (North-West Europe) program…
Following more than two years of cooperation, Lloyd's Register has awarded its first Technology Qualification certificate to a developer of ocean energy technology, AW-Energy in Finland. The Technology Qualification certificate was presented in person by the chairman of Lloyd's Register…
Unlocking Senegal and Mauritania’s major finds will be a huge hurdle, with a lack of infrastructure in both countries. But, it’s also an opportunity for supply chain companies, says the EIC’s Chad Barnes. A worker onboard the Ocean Rig Athena…
Houston-based Erin Energy has mobilized the Island Constructor light well intervention (LWI) vessel to the Oyo field, offshore Nigeria. The Island Constructor, from Island Offshore. The…
Erin Energy Corp. announced that the resource volume assessment of the three previously discovered fields (Tano North, Tano West, and Tano South) has been completed in the Expanded Shallow Water Tano (ESWT) Block, located offshore Ghana. The ESWT block is operated by its subsidiary company…
Erin Energy Corp. has announced that it has successfully completed acquisition of a new 3D seismic survey off the coast of The Gambia. The A2 and A5 blocks are located approximately 28mi (45km) offshore The Gambia and are on-trend with…
Image: silhouette of an offshore rig. Erin Energy Corp. announced changes within its management structure. The changes are in response to recent drilling and production successes, and to support the company’s growth strategy…
Erin Energy Corp. has announced that it has obtained an 18-month extension of the initial exploration period (IEP) of its offshore Kenya blocks, L27 and L28, to February 2017. “This additional time to evaluate these blocks will allow…
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