Sixteen new licenses for oil and gas exploration in the Danish sector of the North Sea have been granted under Denmark's 7th Licensing Round, pending parliament approval. The move will see several new foreign operators enter the Danish sector…
Germany’s Hansa Heavy Lift has appointed Mark Preece as its new senior advisor to help the company grow its presence in the global offshore industry. Preece. Image from Hansa Heavy Lift. Preece…
Quadrant Energy encountered condensate rich gas from at least three hydrocarbon columns at the Roc-1 well, offshore Western Australia. Map of Roc-1, courtesy of Carnarvon. Roc…
Hansa Hydrocarbons Ltd. completed a farm-out with GDF SUEZ E&P Nederland B.V. (part of the ENGIE Group) in respect of a 30% interest in its 4Quads licenses (blocks G18, H16, M3 and N1) in the Dutch North Sea. Pursuant to this transaction Hansa and GDF SUEZ E&P Nederland B…
Nigerian operator Yinka Folawiyo Petroleum (YFP) has hit hydrocarbon pay at the Aje-5 production well on the OML 113 license, offshore Nigeria, according to partner Panoro Energy. Aje is an offshore field located in the western part of…
Otto Energy’s Hawkeye-1 exploration well, offshore Palawan basin in the Philippines, has been drilled to the planned total depth of 2920m. The top reservoir was intersected at 2710m. Hydrocarbons were logged between 2710m and 2737m in reservoir…
Tullow Oil is plugging and abandoning its Zumba exploration well (6507/11-11) in license area PL 591 in the Norwegian Sea, after failing to encounter hydrocarbons. The primary objective of the well was to prove hydrocarbons in the Upper…
Kosmos Energy hit additional hydrocarbon pay at its Tortue-1 exploration well offshore Mauritania, western North Africa. Mauritania map. From Kosmos. Tortue-1 is located in Block C8…
ABS’ Henrique Paula provides insight into the secondary laws – CNH, CRE, and ASEA – being used to implement Mexico’s energy reforms. The ABS-classed Centenario semisub drilling unit, built in 2010…
Dallas Parker and Gabriel Salinas, of law firm Mayer Brown, explain the main points of Mexico’s new exploration and production contracts, as well as the Hydrocarbons law and Hydrocarbons Revenues Law that became effective August 2014. Pemex’s…
Aberdeen-based IT software and services specialist Adept Solutions has secured two new contracts worth a total of £600,000. The firm will supply tailored hydrocarbon accounting software to two new projects on behalf of EOG Resources and DONG Oil Pipe…
Noble Energy’s Madison exploration well has been plugged and abandoned in the Gulf of Mexico after no commercial hydrocarbons were found. The well was drilled to a total depth of 16,859ft in the Mississippi Canyon 479 and reached its targeted Upper and Middle Miocene objectives…
Five companies have been awarded licenses covering 10 exploration blocks in the Adriatic Sea in Croatia's first licensing round. The round had offered 29 blocks in the eastern Adriatic Sea covering a total of 36,822sq km. Bids were received from six companies for 15 exploration areas…
As demand for oil and gas increases and shallow plays mature, operators are having to look deeper and further offshore. Drilling in more capricious environments has highlighted the importance of safety measures that can quickly and accurately identify problems remotely using automated technology…
The Danish Energy Agency (DEA, Energistyrelsen) reported record interest from oil and gas companies in the upcoming licensing round for blocks in the North Sea. DEA received 25 applications from 15 oil companies, and several applicants have not previously held licenses in Denmark…