ONGC Videsh Ltd. (OVL) and Oil India Ltd. (OIL) have agreed to purchase Videocon Mauritius Energy Ltd.’s 10% share in the Rovuma Area 1 Offshore Block in Mozambique (Area 1) for US $2.47 million. The acquisition will give OVL 60% stake and OIL 40% stake in Area 1…
Tanzania has become hot property, with BG Group and Statoil eying LNG export from the gas-rich offshore region. Tanzania’s recent rise up the resource rankings has been fast, despite it having taken a long time to reveal its potential reserves…
Energy advisors Douglas-Westwood announced that R. Michael Haney, Director of the firm’s Houston office, will deliver a talk at next week’s Offshore Technology Conference in Houston. The talk is titled “Overview of Mozambique’s Oil and Gas Sector…
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.
South Africa's national oil company, PetroSA, signed a Technical Cooperation Permit (TCP) for Block 3A/4A with Sasol. The block is located in the Orange basin, off the country's west coast. Block 3A/4A covers 19,066 sq km, with water depths ranging from 100-500m…
Andrew McBarnet picks up on the growing enthusiasm for modern gravity gradiometry surveys to assist E&P oil and gas operations There’s definitely something stirring in the full-tensor gravity gradiometry (FTG) market for airborne and vessel surveys over onshore and offshore targets…
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, a wholly owned subsidiary of INPEX Corp.The licence, which consists of two blocks, under one licence agreement…
WesternGeco today announced that it has begun acquisition of a major multiclient seismic survey offshore Mozambique using the ObliQ* sliding-notch broadband acquisition and imaging technique. The technique optimizes the recorded bandwidth…
Aminex has been given extra time to carry out exploration in its licence in Tanzania's offshore Rovuma Basin. Partner in the licence Solo Oil, said the Tanzanian Petroleum Development Corporation had agreed a variation of the terms of…
This year’s OMC conference ‘Charting a course in a changing sea’ attracted more than 560 companies from 30 countries to Ravenna, Italy, for 26 technical sessions and 120 speakers. But the changing gas market was on everyone’s mind. US shale gas…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
Anadarko Petroleum encountered approximately 190ft (58m) of net natural gas pay at its Orca-1 discovery well, off Mozambique, the company announced on April 18, 2013. The gas discovery is contained in a Paleocene fan system at Offshore Area 1 in the Rovuma Basin…
The 45th annual Offshore Technology Conference (OTC) in Houston places the spotlight on the latest technological advances plus industry stars such as new head of BP Upstream Lamar McKay and PEMEX’s E&P director Carlos Morales-Gil. OTC returns to Houston’s Reliant Park complex May 6-9…
The Ferguson Group, specialists in the rental of DNV 2.7-1/EN12079 certified containers, tanks, baskets, refrigeration containers, accommodation and engineering modules to the offshore energy sector, is pleased to announce a new partnership with Alpha Logistics Services (EPZ) Ltd…
Mozambique puts licensing terms under review Mozambique is in the process of updating its licensing regulations ahead of its 4th Licensing Round. Arsenio Mabote, Chairman, Instituto Nacional de Petroleo (INP, the national oil company of Mozambique)…
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