Africa-focused explorer Tower Resources says the down turn will offer it an opportunity to leverage lower seismic acquisition and drilling costs after is signed the shallow water Thali Production Sharing Contract (PSC), offshore Cameroon…
Ahead of tomorrow's (15 September) congressional hearing in New Orleans, API highlighted the importance of offshore oil and natural gas development to the region's economic development. Image from EMGS…
Quadrant Energy will spud the Roc-1 well located in the North West Shelf off Western Australia using the Tom Prosser jackup rig. The rig will drill a well for Vermillion Energy at the Wandoo oil field in the northwest of Dampier before commencing Roc-1 drilling operations…
The US Bureau of Ocean Energy Management (BOEM) will offer 40 million acres for exploration in the proposed Gulf of Mexico Central planning area Lease Sale 241 and Eastern planning area Lease Sale 226 to take place in March 2016. Image…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/11-3 A, in production license 609. Well 7220/11-3 S will be drilled from the Island Innovator drilling facility. The drilling program…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has approved registrations for a total of 37 companies for the country’s 13th bid round, of which 22 are from outside of Brazil. Image from ANP's Facebook…
Shell’s Portrush prospect in the Norwegian Sea encountered no hydrocarbons and will be permanently plugged and abandoned, according to partner Faroe Petroleum. Image of the Transocean Barents. From Transocean…
Norway’s Ministry of Petroleum and Energy Ministry (NPD) received applications from 43 companies for it latest Awards in Predefined Areas (APA) 2015 Norwegian continental shelf licensing round. Image from Chevron…
Shell is planning to start 3D seismic acquisition offshore Myanmar following its return to becoming an operator in the country. The firm has issued a letter of award to Oslo-listed geoscience firm Polarcus for a 3D marine seismic project…
Rosneft Vietnam B.V. and Japan Drilling Co. (JDC) represented by its subsidiary Hakuryu 5, Inc. signed an agreement to drill two wells in Blocks 06.1 and 05-3/11 in the Nam Con Son basin offshore Vietnam in 2016. The wells will be drilled using the marine drilling rig HAKURYU-5…
Statoil to develop new small discovery in the 30/9-27 S in production license 104 as part of Oseberg Delta project. The well was drilled about 7km west of the Oseberg Sør-field in the northern part of the North Sea, 150km west of Bergen…
US-based Noble Energy says it is imperative that the Israeli government follows through with and approves a framework agreement to develop Leviathan and Tamar, which was presented to the Knesset yesterday (2 September). Map of Israel…
Premier Oil's exploration well 3/7-10 S on the Myrhauk prospect in the Norwegian sector of the North Sea is to be plugged and abandoned as a dry hole. The well, on the south east flank of the Mandal High in production license 539, reached total vertical depth of 3464m…
Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Ltd. (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea…
Somalia's Puntland Petroleum Minerals Agency (PPMA) awarded ION Geophysical a contract to acquire 8000km of seismic data covering the entire Somalia Puntland offshore margin. The move, by the semi-autonomous region, could help pave the way to a return to exploration offshore Somalia…
Subscribe
