India will auction 67 small oil and gas fields on 25 May that will test some of the key policy changes introduced by the government in the upstream sector, local media The Economic Times reported. The fields previously held by ONGC and…
Pura Vida Energy has taken over operatorship in the Ambilobe block, offshore Madagascar, east Africa, following the withdrawal of Sterling Energy from the license. The move means Pura Vida now also has 100% interest in the license and means additional strategic options will be available…
In this illustrated video, Italian giant Eni give an overview of the Offshore Cape Three Points (OCTP) project that is located offshore Ghana. The existing project involves the development of multiple subsea wells tied back to a FPSO…
Cambodia's Ministry of Mines and Energy has terminated a Petroleum Agreement for Block D, offshore Cambodia, with CPHL (Cambodia), with immediate effect, according to Mirach Energy, which owns 48% of CPHLC. MME will hold Block D for…
Cobalt International has struck its sixth pre-salt discovery offshore Angola. The firm made a 'significant condensate and gas' discovery on the Zalophus #1 pre-salt exploration well in Block 20 offshore Angola. It is the firm's third discovery on Block 20…
US-based explorer Kosmos Energy has agreed to farm-out a one third stake in its Block 42 contract area offshore Suriname to Hess. In return, Hess will fully fund the cost of a 6500sq km 3D seismic survey, expected to start in Q3 this year…
The University of Aberdeen is to get a £250,000 grant from the Oil and Gas Authority (OGA) to investigate the potential for hydrocarbon exploration in the Rockall area of the North Atlantic. The funding is part of a package of measures…
Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…
Remaining competitive through the downturn is a tall order for some. Caitlin Shaw, of Quest Offshore Resources, examines how the exploration, drilling and subsea segments are expected to fare through 2017. The…
In 1975, the UK’s national oil company (NOC), BNOC, was formed. It didn’t last long, while others are still going strong. Alex Kemp takes a look at the whys and wherefores of NOCs. National oil companies have been in existence for many years…
ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending. The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…
Byron Energy will further its efforts at the SM71-1 well in the Gulf of Mexico after encountering the presence of oil in three intervals, according to partner Otto Energy. A quad combo porosity logging run has been acquired and 7 5/8in…
Mubadala Petroleum encountered oil at two wells in the Manora field, offshore Thailand. Map from Mubadala. The Atwood Orca jackup drilled wells MNA-15 and MNA-16 wells to final total depths of 2566m and 2998m…
Tullow Oil is eying exploration leads offshore Mauritania in order to fulfill a minimum work obligation of one well on the block before the second exploration phase runs out in November 2017. Image from Tullow…
Deep Sea Supply has been awarded multiple contracts by several international oil companies for work in the North Sea, offshore Asia, and South America. Statoil awarded Deep Sea a two-year contract, plus three yearly options for the PSV Sea Falcon for operations in the North Sea…
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