ONGC Videsh has entered an agreement with Tullow Oil to acquire a 15% participating interest in the offshore Namibia Petroleum Exploration License 0030 for Block 2012A. India-based ONGC Videsh said today (21 November) the completion of…
Africa Energy announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa. Block 11B/12B is located in the Outeniqua Basin approximately 175km off the southern coast of South Africa…
West Africa focused explorer FAR says it has identified 1.1 billion barrels of resources in its two blocks offshore The Gambia. The blocks A2 and A5 contain combined estimated prospective resources of 1.1 billion barrels (unrisked, best estimate…
Norwegian oil firm Aker BP (Aker BP) has agreed two drilling and well alliance agreements for its assets in the Norwegian sector. One is with Maersk Drilling and Halliburton for use of jackups, and one is with Odfjell Drilling and Halliburton for semisubmersibles…
SOCO International has had its 25-year exploitation permit over the Viodo, Lideka and Loubana areas in the shallow water Marine XI Block, offshore the Republic of Congo (Brazzaville), confirmed by the country's Council of Ministers. The…
Companies from India and Greece including ONGC and Energean are among those who have made bids for blocks in Israel's first offshore lidding round. The round closed yesterday. Israel's Ministry of Energy said it had received bids from…
Aker BP has been given approval to drill exploration well 24/9-12 S on production license 340 in the Norwegian North Sea. The well, due to spud this month, will be drilled in about 120m water depth using the Transocean Arctic semisubmersible drilling rig of the Marosso 56 type…
OMV Norge is expected to start drilling on the Hades & Iris prospect in production licence 644 in the Norwegian Sea early next month (December) following approval from the Norwegian Petroleum Directorate for well 6506/11-10. Drilling…
Canadian Overseas Petroleum says it and its partner ExxonMobil on block LB-13, offshore Liberia, West Africa, are to relinquish the block. The two have elected not to enter into third exploration period and surrendered their rights to the LB-13 license…
A newly formed Australian gas company has acquired Hess' Equus deepwater project offshore Western Australia. Western Gas said Equus, which covers 11 gas and condensate fields in the Carnarvon Basin, about 200km north-west of Onslow, is development ready…
Baron Oil is to relinquish Block Z-34, which has been in Force Majeure since 2014, offshore Peru. In such a situation, the Z-34 partners are entitled to exercise their right to relinquish Block Z-34 and to request that a $3.6 million work program guarantee bond be released…
Brazil’s National Energy Policy Council has approved acreage to be offered in the 15thRound of Bids for Exploration, scheduled for 29 March, 2018, of the 15th Round of Bids for Exploratory Blocks, and the 4th Round of Bids for production sharing on 7 June 2018…
UK-based independent Genel Energy is to carry out a 3D seismic campaign across the Sidi Moussa acreage offshore Morocco, in place of an exploration well. The firm reached an agreement with the Moroccan government over its remaining exploration…
Tullow Oil and partner Sterling Energy have decided to exit Block C-10 offshore Mauritania after determining the block’s prospects did not commercially justify a third phase of exploration. Block C-10…
Kosmos Energy's Hippocampe-1 deepwater exploration well in Block C-8 offshore Mauritania was dry. The well, drilled in 2600m water depth, in partnership with BP, was designed to test Lower Cenomanian and Albian reservoirs charged from the deeper Valanginian – Neocomian source…
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