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Hyperdynamics inks Guinea PSC extension

Sep 15, 2016

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…

EIC opens new Houston office

Sep 15, 2016

The Energy Industries Council (EIC) has officially opened its new Houston office on 13 September.  (From left to right) Betty Russo, PCED, Community Relations, Office of the Governor Greg Abbott…

Providence in Irish rig tender

Sep 15, 2016

Providence Resources is putting a tender for a rig contract for the 2017 Druid drilling program in the southern Porcupine Basin in FEL 2/14, off the south west coast of Ireland. It is expected that the rig contract will be signed during Q4 2016 to facilitate summer 2017 drilling…

BOEM to offer 47 million acres in GoM in March

Sep 15, 2016

The Bureau of Ocean Energy Management (BOEM) will offer approximately 47 million acres offshore Louisiana, Mississippi, and Alabama for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Central Planning Area (CPA)…

Vaalco ESP fails again, shuts-in well off Gabon

Sep 15, 2016

Houston’s Vaalco Energy has run into more trouble offshore Gabon, with electrical submersible pumps (ESP) continuing to fail, leaving a well shut-in. Map from Vaalco. Vaalco has experienced several issues with ESPs in recent months…

Frank's deploys FA-1 tool in GoM

Sep 15, 2016

Frank’s International provided its FA-1 casing running tool (CRT) for a project in the Gulf of Mexico that the company says established a new worldwide milestone in casing while drilling (CwD) operations. FA-1 was modified for 30in casing…

Shell readies to drill off Tanzania

Sep 15, 2016

Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy.  The drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas…

Wintershall makes minor discovery

Sep 15, 2016

German oil firm Wintershall has made a minor discovery near the Vega field in the Norwegian North Sea, according to the Norwegian Petroleum Directorate.  The discovery was made as part of a four-well drilling campaign in production license 248 F…

EnQuest Delek deal falls through

Sep 15, 2016

UK independent EnQuest's proposed deal with Delek Group over the sale of a stake in the Kraken development in the UK North Sea has fallen through. EnQuest said the two parties had been unable to reach an agreement and discussions have been terminated…

Maersk sells field stakes to new entrant

Sep 15, 2016

Maersk Oil has agreed to sell small stakes in the Scott and Telford fields in the North Sea and the Wytch Farm onshore field in England to new entrant RockRose Energy. Scott and Telford are operated by Nexen through the Scott platform…

Orga's helideck lighting system CAAi approved

Sep 15, 2016

Orga, design and manufacture of helideck lighting systems, announced that its Circle-H touchdown positioning and heliport identification marking (TD/PM) system has been certified by CAA International (CAAi) to all UK Civil Aviation Authority (CAA) CAP 437 standards…

Polarcus inks Australia 3D seismic acquisition

Sep 14, 2016

Polarcus received a letter of award for 3D marine seismic acquisition in Australia utilizing XArray to deliver a high quality broadband data-set via Polarcus' innovative and highly efficient acquisition technique. The project is due to commence in Q4 2016 and will run for one month.

Pemex reveals six discoveries off Mexico

Sep 14, 2016

Mexican national oil company Petróleos Mexicanos (Pemex) has made six oil discoveries offshore Mexico, with one particular find holding 140-160 MMboe of potential reserves. The company also revealed its plans to drill more than a dozen offshore exploration wells next year…

Eni to explore off Montenegro

Sep 14, 2016

Italy’s Eni is entering Montenegro’s upstream market by exploring four blocks. Eni signed a concession contract with the government of Montenegro for the exploration of four offshore blocks covering a total area of 1228sq km that were…

Sea Lion costs down to US$1.5 billion

Sep 14, 2016

Development costs to first oil for the Sea Lion project off the Falklands have been reduced to US$1.5 billion with more savings possible, according to partner Rockhopper exploration. The UK-based independent also says the 2C, or proved plus probable reserves…

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