Ophir Energy's Ayamé-1X exploration well offshore the Ivory Coast found oil, but not in significant quantities. The well, in block CI-513, reached a total depth of 5394m true vertical depth sub sea. The well was targeting a number…
Europa Oil & Gas has identified two prospects which could contain up to 553 MMboe in Ireland's South Porcupine Basin. According to a competent person’s report by ERC Equipoise including, two pre-rift prospects, Ervine and Edgeworth,…
TGS and Petroleum Geo-Services (PGS) have expanded their jointly owned multi-client library offshore Eastern Canada. Map of Cape Broyle 3D, from TGS. The new Cape Broyle 3D survey…
TGS will conduct a new multi-client acquisition project, Crean 3D, on the Irish Atlantic Margin. Crean 3D is a multi-client survey of more than 5400sq km in the South Porcupine Basin between the Porcupine High and the Irish Mainland Platform…
In Westwood Global Energy Group’s (WGEG) eighth annual State of Exploration Report, the private equity firm expects a brighter outlook with exploration efficiencies starting to deliver results. The…
US Interior Secretary Ryan Zinke signed two secretarial orders aimed at 'unleashing' America’s offshore energy potential and growing the US economy on the floor of the Offshore Technology Conference (OTC) yesterday (1 May). The first order implements President Trump’s Executive Order…
US President Donald Trump signed executive orders today (28 April) to increase domestic energy production in the Outer Continental Shelf (OCS) Planning area including the Chukchi Sea, Beaufort Sea, Cook Inlet, Mid-Atlantic, South Atlantic…
Keppel Shipyard says it is on track to deliver the Catcher floating production storage and offloading (FPSO) vessel to BW Catcher following a naming ceremony of the vessel today (28 April). BW Catcher - the 11th FPSO Keppel has delivered…
Offshore energy industry experts and leaders from across the world came together at NRG Park in Houston 1–4 May for the 2017 Offshore Technology Conference (OTC). As it has since 1969, the 49th edition of the conference convened professionals…
China’s CNOOC is opening 22 blocks for bids to foreign companies this year. Map of the 22 open blocks, from CNOOC. The 22 blocks cover an area of 47,270sq km, and are available for cooperation between CNOOC and foreign companies…
Europa Oil & Gas has identified four significant prospects at its frontier exploration license 2/13 (FEL 2/13) offshore Ireland that has upped its prospective resources in the area to some 1.12 billion boe, and 3.7 Tcf of gas. Map of FEL 2/13…
Geoscience firm Spectrum has started a 35,000km multi-client 2D seismic survey covering 435,000km offshore Argentina, in deepwater, in cooperation with YPF and with the authorization of the Ministry of Energy and Minerals. This survey…
Hyperdynamics Corp.’s wholly owned subsidiary, SCS Corp. (SCS), South Atlantic Petroleum (Sapetro) and the government of the Republic of Guinea have executed a third amendment to the 2006 production sharing contract (PSC), to approve the…
A federal court in Brazil has suspended the transfer of Petrobras' stake in the BM-S-8 exploration block, which contains the Carcará field, to Norway's Statoil, and exploration of the field, until further deliberation, the Brazilian state-owned firm announced Monday (17 April)…
Lundin Petroleum has gained regulatory consents and approvals to complete the internal reorganization to spin-off its assets in Malaysia, France and the Netherlands into International Petroleum Corp. (IPC). The reorganization was completed on 7 April 2017…
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