Inpex Corp.’s (INPEX) subsidiary, Teikoku Oil Co. Ltd., reached an agreement to transfer 30% of its participating interest in the Block 31 offshore Suriname, to UK-based E&P company, Tullow B.V., a subsidiary of Tullow Oil (Tullow). This…
RWE Dea has signed a farm-in agreement with Petronas Suriname E&P BV, acquiring a 40% interest in the Block 52 license off Suriname. Under the farm-in agreement which is subject to completion, RWE Dea will acquire a 40% stake in the 4743sq km license…
Kosmos Energy announced today that it has entered into two farm-in agreements, whereby Kosmos is acquiring an interest in multiple blocks in the prospective Porcupine Basin, offshore the west coast of Ireland. Porcupine Map (Image…
COLLOQUY: Editor's Column The IHS CERAWeek conference took Houston by storm in March, with a solid program of topical breakfast discussions, illustrious keynote speakers, plenary sessions, and dialogues. The energy topics ran the gamut…
Andrew McBarnet assesses the state of the marine seismic business and where it is going in 2013.Rarely, if ever, can the marine seismic business have been so busy in so many places around the world. Demand for surveys is nearly at an almost all-time high…
With the basin-opening Jubilee field and other oil and natural gas condensate discoveries, Kosmos Energy and its partners have placed Ghana on the deepwater oil & gas map. The company is now franchising its exploration strategy and aims to open…
Differing perspectives on the African exploration & production scene were offered during IP Week in London last month, with Tullow Oil and Afren describing their respective approaches to the continent and Equatorial Guinea's energy ministry updating the republic's offshore developments to date…