Mozambique will announce their fifth licensing round later this month in London. A total of 15 blocks at a total acreage of 76,800sq km will included in the competitive bidding round for hydrocarbon exploration that include areas offshore Rovuma…
Colombian national oil company Ecopetrol awarded Ross Offshore AS a well management contract in the Caribbean. The contractconsists of total well management of Molusco 1 in RC-9, area hired with the Colombian national oil agency ANH by Ecopetrol and ONGC…
CNOOC Ltd. began drilling the WZ12-10-2 well, the second and last of the two-well project in the Beibu Gulf Block 22/12, offshore China. Beibu map. From Horizon Oil. The exploration well is located 1…
Australia-based Sunbird Energy has agreed a deal to raise more than AUD$25 million to help advance its Ibhubesi Gas Project offshore South Africa. The deal involves Pan-African investment company Vandasia Investments acquiring 43.9% interest…
UK-based Cairn Energy and its Senegalese partners have made an oil discovery, which has the potential to be a “significant standalone development”, on the deepwater FAN-1 well. The well, drilled using the semisubmersible Cajun Express…
Technology is there for companies to use and take advantage of, but is it being used as much as it could be to gain insight into operations. Gregory Hale takes a look. With the digital oilfield…
Faroe Petroleum has made its first move into the Irish offshore by picking up three new, two-year Licensing Options (14/1, 14/2 and 14/3) on the southern margin of the North Celtic Sea basin. A work program, agreed with Irish authorities…
Centrica Energy's Norwegian outfit has started drilling on the Ivory prospect in production license 528 in the Norwegian Sea, according to partners Rocksource and Atlantic Petroleum, Exploration well 6707/10-3 S is being drilled using the West Navigator drillship…
N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…
Jeremy Berry examines the trend occurring off West Africa where exploration success continues to be confined to those countries that already have significant production. Fig. 1: West Africa production…
The rapid expansion of oil and gas telecommunications systems in order to facilitate the development digital oilfields in increasingly remote locations, enhance safety, and maximize data use, was the theme of a conference on oil and gas telecommunications organized by SMi Group in London…
Eleven Japanese companies including oil and gas exploration firm Inpex have joined forces to create a new firm focused on methane hydrate extraction. Japan Methane Hydrate Operating Co., (JMH) was formally established 1 October specifically…
Chevron and Statoil are launching new solutions to a growing challenge in the Gulf. Bruce Nichols reports. The GE (Hydril) MaxLift pump aboard the Pacific Santa Ana drillship. Photos: Pacific Drilling…
Noble Energy will resume exploratory drilling in the Falkland Islands next year after acquiring and reviewing extensive 3D seismic of its 10 million acre-position. In late February 2014, London-based joint venture partner Falkland Oil…
Industry body Oil & Gas UK is calling on the UK Government to offer fiscal support for exploration in the UK North Sea, alongside lower taxes, and simpler field allowances. The call, made in the body’s Economic Report 2014, comes as the UK’s oil and gas industry faces rising operating costs…
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