Hyperdynamics Corp.’s wholly owned subsidiary, SCS Corp. (SCS), South Atlantic Petroleum (Sapetro) and the government of the Republic of Guinea have executed a third amendment to the 2006 production sharing contract (PSC), to approve the…
African Petroleum signed nonbinding heads of terms and a binding exclusivity agreement with a “well-funded, listed oil and gas company with a strong track record in offshore deepwater drilling,” for a drilling campaign offshore Senegal and The Gambia…
BW Offshore has completed a deal with Harvest Natural Resources for its stake in the Dussafu production sharing contract (PSC) offshore Gabon. BW Energy Gabon (BWEG) now holds a 66.67% working interest in the Dussafu PSC, while Panoro Energy holds the remaining 33…
US supermajor ExxonMobil and Qatar Petroleum signed an exploration and production sharing contract with the government of the Republic of Cyprus for Block 10. Block 10 PSC signing. Image from Qatar Petroleum…
Africa-focused Impact Oil and Gas farmed out 65% participating interest in a production sharing contract (PSC) and associated joint operating agreement in the AGC Profond block in the offshore joint development zone between Senegal and Guinea-Bissau to CNOOC UK…
SEA Hibiscus has signed a US$25 million deal with Shell to acquire operatorship and 50% stake in four fields in the 2011 North Sabah Enhanced Oil Recovery production sharing contract (PSC), offshore Sabah, Malaysia. Malaysia operations…
Petrobras has relaunched the bid process for its Libra Pilot floating production and storage offloading vessel (FPSO), following the cancelation of the previous bid process due to “an abnormally high price.” Image of Libra field operations…
Houston independent Hyperdynamics Corp.’s wholly owned subsidiary, SCS Corp. (SCS), and the government of the Republic of Guinea have entered into a one-year extension for a production sharing contract (PSC) offshore Guinea. The deal marks a second amendment to the 2006 PSC…
Malaysian state oil firm Petronas has awarded its first production sharing contract (PSC) for 2016, and given Thailand's PTTEP its first operatorship in Malaysia. The PSC was awarded to PTTEP HK Offshore, Kufpec Malaysia, and Petronas Carigali for the exploration Block SK410B…
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…
Kosmos Energy Sao Tome and Principe (Kosmos) has gained operatorship of Block 5 and 12, offshore West Africa in the exclusive economic zone (EEZ) of the Democratic Republic of Sao Tome and Principe (STP), as part of a farm-in (65%) agreement with Equator Exploration…
Sterling Energy is to withdraw from the Block C-3 joint venture, offshore Mauritania. The move will see Tullow Oil take over Sterling's 40.5% share in the production sharing contract (PSC) for Block C-3. Upon completion, the holders of the PSC will be: Tullow (Operator) 90%…
Private equity funded Black Platinum Energy will move ahead with its plans for appraisal and development activities to prove up its shallow gas plays in East Natuna, offshore Indonesia, despite current industry conditions. Plans include drilling one exploration well…
Australia's Woodside Energy has agreed to acquire 65% interest in a joint development area off Senegal and Guinea-Bissau. The deal, with UK minnow Impact Oil & Gas, covers the production sharing contract (PSC) and associated joint operating agreement on the AGC Profond block…
Lundin Malaysia signed farm-out agreements (FOA) with certain wholly owned subsidiaries of DYAS for part of its working interests across three production sharing contracts (PSC) in Malaysia. The FOA covers Blocks PM328, SB307/308 and…
Subscribe
