Growth by Inspection Verification Bureau Ltd. (IVB) has prompted it to open a new office in Abu Dhabi and set up a joint enterprise in Kuwait. IVB will open an office with two staff, but has plans to expand the office to as many as 12 employees.
Tanzania Petroleum Development Corporation (TPDC) announced the 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Round. The round will launch on Oct. 25, 2013, during the 2nd Tanzania Oil and Gas Conference, and Exhibition (23-25 October 2013 in Dar es Salaam) and close on May 15…
BG Group completed a second drill stem test in Block 1 off Tanzania. The test was in the Mzia-2 well and flowed at a maximum rate of 57MMcfd. This is the first test of a Cretaceous reservoir in Tanzania’s deep water. Mzia-2 is 4km from the Mzia-1 discovery…
Mozambique discovery Eni found gas in the Mamba South 3 well, which was drilled in 1571m of water to 4948m TD. The well is in Area 4 about 50km off the Cabo Delgado coast. The well opened 214m of gas pay in Oligocene and Eocene reservoirs.
Afren farmed-out 17.14% interest in the OPL 310 license off Nigeria to Lekoil (subject to Nigerian Ministerial consent). Optimum Petroleum Development Ltd. (60%) will operate with partners Afren (22.86%) and Lekoil (17.14%). The first exploration well will be drilled on the Ogo prospect…
Petroceltic International is participating in a joint venture with Edison International Spa, which was the successful bidder for two blocks, North Thekah and South Idku, in the Egyptian Natural Gas Holding Co. 2012 International Bid Round…
Noble Energy found “significant signs of gas” in the Karish 1 well 75km northwest of Haifi in Israeli waters, according to partners. Delek Group said that 60ft of natural gas bearing sands were found after drilling reached 4790m below sea level in license area Alon C/366.
Energean Oil & Gas plans to increase its exploration and production offshore Greece. The firm received $60 million from the newlycreated Third Point Hellenic Recovery Fund. The cash will fund a four-well program in 2013 with the goal of doubling production to 4000b/d by year end…
Fairfield Energy began a 400sq km Broadband 3D seismic survey over Block 43/28, using the Polarcus Nadia.
Statoil and Petoro have proven additional resources in the Shetland Group/Lista formation in the Gullfaks licence. Production well 34/10-A-8 on the Gullfaks A platform where the well test is was done, currently provides a production of 7…
Falkland Oil & Gas (FOGL) will continue its 3D seismic acquisition campaign and target exploration drilling in the second half of 2013. A 1,000sq km survey over a Cretaceous fault block area is underway and a large 3D survey in the Northern Licence Area is planned for 4Q 2013…
Petrobras discovered goodquality oil (26° API) in the Entorno de Iara area in the Santos Basin pre-salt region. Well 1-BRSA-1146-RJS (1-RJS-711), known as Entorno de Iara 1, is in 2266m of water, 235km off Rio de Janeiro state. The well produced oil from carbonates at 5045m, just below the salt.
ANP, Brazil’s National Petroleum Agency, announced the winners of its 11th licensing round. There were 289 blocks (150,000 sq km) up for bid. Thirty high bids were accepted, about US$1.4 billion in revenue, ANP said. Total offered the highest bid for a single block…
Royal Dutch Shell plc will develop the Stones ultradeepwater project in 9,500ft of water, about 200mi southwest of New Orleans. Development will start with two subsea wells tied back to an FPSO, followed by six additional wells. This first phase is expected to reach peak production of 50…
Lundin Petroleum AB (Lundin Petroleum) has commenced drilling of the first development well on the Brynhild field in PL148, located in the Norwegian North Sea.Brynhild field is adjacent to the Norway-United Kingdom border, about 210 km from the Norwegian mainland…
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