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Petronas to exit offshore Vietnam blocks

Jul 27, 2017

Petronas will relinquish Blocks 1 and 2 offshore Vietnam to host authority PetroVietnam once the production sharing contract (PSC) for the blocks expire on 9 September. Petronas subsidiary PC Vietnam Ltd.’s (PCVL) 26-year PSC for the blocks…

Floatgen moorings installed

Jul 27, 2017

French offshore vessels and services firm Bourbon has completed the mooring installation of the first floating wind turbine in France for Ecole Centrale de Nantes (ECN) as part of the European project FLOATGEN at the SEM-REV experimental test site…

Tullow, Eco begin Orinduik survey off Guyana

Jul 26, 2017

Tullow Oil and Eco Atlantic Oil & Gas started a 2550sq km seismic survey earlier this month on the Orinduik Block offshore the Co-operative Republic of Guyana. The survey is being conducted by Schlumberger Guyana Inc. (Western Geco) using R/V GECO Eagle and two supporting vessels…

Rouge Rock farms into Vulcan prospects

Jul 26, 2017

Rouge Rock has formally notified Melbana Energy of the exercise of its options to acquire a 45% participating interest in the AC/P50 and AC/P51 exploration permits in the Vulcan sub-basin off the North West coast of Australia. Map of AC/P50 and AC/P51…

Tullow to drill off Suriname, resume at TEN

Jul 26, 2017

Tullow Oil has revealed its plans for the rest of the year to drill offshore Suriname, and resuming at the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana. Image from Tullow Oil. In the company’s half year 2017 report…

Supermajors lean on KRYPTOSPHERE in GoM

Jul 26, 2017

CARBO Ceramics announced KRYPTOSPHERE HD has been utilized by all supermajor E&Ps operating in the Gulf of Mexico, for deep, high stress wells.  KRYPTOSPHERE HD is the leading ultra-conductive, high strength ceramic proppant. It was initially…

Karoon eyes FPSO for Echidna off Brazil

Jul 26, 2017

Karoon Gas Australia is moving into front-end engineering and design on its Echidna light oil discovery in the Santos Basin offshore Brazil. The Echidna development concept consists of a leased floating production, storage, and offloading facility…

Gran Canaria offshore base launched

Jul 26, 2017

ABIS Holdings Energy Services has signed an agency agreement to support the development and operation of an offshore supply base on the Spanish island of Gran Canaria. The UK-based energy services provider will act as the agent for Gran Canaria Subsea and Offshore Base (GCSB)…

Brasse PDO for 2018, targets 56-92 MMboe

Jul 26, 2017

Faroe Petroleum is targeting submission of a development plan for its Norwegian North Sea Brasse field in 2018, based on what could be a US$500 million, three to six well subsea tieback. The firm has just completed its latest Brasse field appraisal program…

CGG completes Santos VII Brazil survey

Jul 26, 2017

CGG has completed an extension of its Santos VII broadband 3D multi-client survey offshore Brazil. The 1867sq km extension to the original footprint gives CGG a total of almost 16,000sq km of newly acquired and imaged pre-salt coverage.  The…

Oil production ceases at Oyong field

Jul 25, 2017

Oil production from the Oyong field offshore East Java, Indonesia, ceased in June as part of the Sampang Sustainability Project, according to partner Cue Energy. As part of the project, the field’s production has been switched to natural gas only…

W&T to drill at South Timbalier in GoM

Jul 25, 2017

W&T Offshore has secured the Enterprise Offshore 264 jackup rig to drill the South Timbalier Block 224 condensate prospect in the US Gulf of Mexico, says partner Otto Energy. According to Otto, W&T expects to spud the well in Q4. The prospect is in approximately 170ft of water…

Exxon's hit at Payara-2 ups resources

Jul 25, 2017

ExxonMobil has discovered additional oil at a Payara appraisal well offshore Guyana, upping the ultra deepwater discovery's resources to about 500 MMboe. Map of Stabroek, from Exxon. The…

Anadarko fails off Cote D’Ivore

Jul 25, 2017

Anadarko Petroleum failed at two wildcats offshore Cote D’Ivore in West Africa. Walker. Image from Anadarko. The first exploration well, Paon-6A, was drilled at Block CI-103 in Q2…

Pondering further Russian sanctions

Jul 25, 2017

With US lawmakers prepared to hit Russia with more sanctions*, the domestic oil and gas industry is bracing for what potential impacts may come. Karen Boman lays out concerns voiced at a July Atlantic Council Event. [*Update] The US Senate…

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