Offshore Geology News - page 33

 

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…

HRT spuds Namibian prospect

Mar 26, 2013

HRT's wholly-owned subsidiary HRT Walvis Petroleum Ltd., spud the Wingat-1 (2212A/07) exploration well offshore the Republic of Namibia. The well is the first in HRT's back-to-back exploratory program in the Walvis Basin, the company announced on 25 March 2013…

Chevron hits Coronado pay

Mar 25, 2013

Chevron encountered more than 400 ft (122m) of net oil pay at its deepwater Coronado prospect well No.1 in the Gulf of Mexico, the company announced on 25 March 2013. Pacific Santa Ana (Image: Pacific Drilling) Coronado comprises Walker Ridge Block 98…

Broadband seismic: What the fuss is all about

Mar 19, 2013

Andrew Long of Petroleum GeoServices provides a rough guide to the science behind broadband seismic and why it is transforming the possibilities for acquiring high resolution images of the subsurface using towed streamer marine seismic acquisition technology…

BOA Galatea gears up for equatorial margin study

Mar 18, 2013

The BOA Galatea will today complete the multi-client program in the Ceara area in northern Brazil. BOA Galatea (Photo: EMGS)The vessel will immediately after a scheduled port call mobilise for a multi-client program covering approximately 8000…

IHS CERAWeek: Mozambique licensing

Mar 07, 2013

Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…

North Energy signs up TGS

Mar 01, 2013

North Energy has today entered into a four-year collaboration agreement with (TGS) concerning the purchase of seismic data and services. This represents a natural progression from an earlier collaboration agreement with Rex Oil & Gas (Rex) on…

Barents and Jan Mayen resources higher

Feb 27, 2013

The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen will result in an approximate increase of 15% in the estimates of undiscovered resources on the Norwegian shelf.This…

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…

Ecopetrol announces 2012 proven reserves

Feb 18, 2013

On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…

Upstream highlights of Eni's 2012 results

Feb 15, 2013

Italian major, Eni S.p.A., announced results for fourth-quarter and full-year 2012 on Friday, 15 Feb 2013. Operational highlights include: Record amount of discovered resources in the year: 3.64 bboe; Proved reserves at eight-year record: 7…

Guinea study encourages Hyperdynamics

Feb 14, 2013

Hyperdynamics cheered by updated Guinea studyMap of Guinea (Image: Dana Petroleum)Netherland, Sewell & Associates, Inc. (NSAI), completed an updated resource evaluation study for Houston-based Hyperdynamics Corp.'s oil and gas concession off the Republic of Guinea…

Cairn to explore off Malta

Feb 14, 2013

On 7 December 2012, the Government of Malta awarded three offshore blocks totaling 6,400sq km to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. Cairn CEO Simon Thomson, who succeeded Sir Bill Gammell as chief executive in July 2011…

Exxon expands Rosneft pact

Feb 13, 2013

Rosneft pact grants Exxon 7 Arctic Sea blocksExxonMobil President Stephen Greenlee and Rosneft President Igor Sechin sign expanded cooperation agreementExxonMobil significantly boosted its presence in the Russian Arctic with new agreements with Russian partner Rosneft…

Panoro sidetrack finds oil off Gabon

Feb 11, 2013

Panoro's DTM sidetrack encounters 20m oil pay Image: PanoroPanoro Energy ASA is pleased to announce an update to its drilling operations in the Dussafu Tortue Marin-1 (DTM-1) well drilled in the Dussafu Marin PSC, offshore Gabon, West Africa…

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