Far News

 

FAR ups Senegal stakes

Sep 24, 2015

Africa-focused explorer FAR has agreed a farm-in option deal with Trace Atlantic Oil on the shallow water Djiffere block offshore Senegal, containing at least one lead potentially containing 100 MMbbl, says FAR.  Djiffere sits adjacent to the prospective Rufisque…

Wärtsilä awarded two LNG vessel contracts

Aug 31, 2015

South Korean shipyard Hyundai Heavy Industries (HHI) has placed two contracts with Wärtsilä for seawater/propane based regasification modules. The systems are to be installed on FSRU (Floating Storage and Regasification Unit) vessels owned by Höegh LNG…

Oil shows in Senegal well

Aug 28, 2014

Oil samples have been recovered in the FAN-1 exploration well being drilled offshore Senegal, said partner in the project by FAR Ltd.   The well is being drilled by Cairn Energy (operator), ConocoPhillips, Far and Petrosen - the Senegalese national oil company…

Cairn finds oil in Senegal

Aug 27, 2014

Carin Energy found oil samples in the FAN-1 exploration well offshore Senegal, according to joint venture partner, FAR Ltd. FAN-1 and SNE-1 in 3D seismic. From Far. FAR says elevated gas…

Cairn resumes drilling in Senegal

Jul 28, 2014

FAR Ltd. reported that the Cairn-operated FAN-1 exploration well resumed drilling on the North Fan prospect in 1500m water depth, offshore Senegal on 28 July. Drilling to date has reached 3000m with a planned TD of approximately 5300m using Transocean’s fifth-generation semisubmersible…

Drilling begins off Senegal after 20-year hiatus

Apr 17, 2014

Drilling has begun on the FAN-1 exploration well, offshore Senegal, using Transocean's fifth-generation semisubmersible, Cajun Express. The rig arrived on-site Saturday, 12 April, and drilling operations on the FAN-1 well are expected to last approximately two months…

FAR identifies Auz resources

Mar 11, 2014

FAR Ltd has said a geotechnical evaluation of its offshore Western Australia exploration permits WA-457-P and WA-458-P in Australia’s Dampier Basin has identified multiple prospects with total prospective resources amounting to 447MM boe (unrisked best estimate basis) net to FAR…

FAR Ltd. updates study off West Africa

Feb 05, 2014

FAR Ltd. recently completed detailed geotechnical studies and assessed significant hydrocarbon resource potential in its Guinea Bissau 3 blocks offshore, Sinapa Block 2 and Esperanca Block s 4 A /5 A in West Africa. (FAR: 21.43% paying interest…

BlueFire revamps drill bits

Jan 08, 2014

BlueFire Equipment Corp rolled out its new premium steel bit line. The product will be available alongside the matrix PDC bits, and offers the opportunity of more cost savings for its customers. “During the process of developing our first made-to-order product for the international sector…

FAR Ltd., Ophir Energy finalize JV talks

Sep 06, 2013

FAR Ltd. (“FAR”)  completed negotiations on joint venture agreements with Ophir Energy PLC (“Ophir”) on highly prospective offshore Kenya exploration permit Block L9. Block L9 is a large permit in the heart of the Lamu basin. A series…

Farstad Shipping secures 10 AHTS contracts

Aug 07, 2013

Farstad Shipping ASA announced that it has been awarded 10 charter contracts for anchor-handling tug supply vessels from ENI Australia, BHHP Billiton, Woodside Energy, Chevron, Brunei Shell Petroleum, and Oil Search (PNG): AHTS Far Sky (1991…

Conoco adds Senegal stake

Aug 01, 2013

US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…

FAR Ltd. expands off Kenya

Mar 27, 2013

The Kenyan Government has confirmed a 60% expansion of FAR Ltd.’s L6 exploration permit off Kenya. This additional area, which had previously been relinquished and has now been re-instated, increases the total permit area to 5,010 km2.Click…

Cairn enters Senegal

Mar 21, 2013

Cairn Energy PLC announce it will farm-in as operator of three blocks offshore Senegal in West Africa. This transaction will add a number of drillable prospects to the frontier exploration inventory and drilling program in the next 18 months…

FAR ups offshore Africa estimates

Feb 27, 2013

Australian-listed exploration firm FAR says prospects offshore Kenya and Senegal “much larger than we originally assessed”.Announcing the outcome of updated prospective resource estimates following the completion of internal technical studies…

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