Eco (Atlantic) Oil & Gas has acquired two previously shot 2D seismic surveys totaling 2922 line km on its Sharon Block 2213 A&B in the Walvis Basin, offshore Namibia. Eco Atlantic is also the operator of its Cooper Block, where, in partnership with Tullow Kudu…
Odfjell Drilling has taken delivery of Deepsea Aberdeen semisubmersible drilling rig from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Deepsea Aberdeen, pictured, is a sixth generation ultra deepwater and harsh environment semisubmersible of enhanced GVA 7500 design…
Tullow Oil is to “significantly reduce” its 2015 exploration spend and focus on its West African producing assets, including the TEN development project, amid falling oil prices. The move will see Tullow’s investment focus on West Africa…
ConocoPhillips is plugging and abandoning the Kamoxi-1 exploration well as a dry hole after drilling to a total depth of 22,660ft, offshore Angola. Kwanza basin activity. From Deloitte Petroview Kamoxi…
Centrica Energy's Norwegian outfit has started drilling on the Ivory prospect in production license 528 in the Norwegian Sea, according to partners Rocksource and Atlantic Petroleum, Exploration well 6707/10-3 S is being drilled using the West Navigator drillship…
Following evidence submitted to the Treasury for its recent consultation on the North Sea tax regime, Oil & Gas UK has this week made a further representation, repeating calls for urgent reform in light of escalating industry costs and the falling oil price…
Cairn Energy strikes again in Senegal as its second find hit high quality oil at the SNE-1 well off West Africa. Map of Senegal. From Cairn. SNE-1 is located approximately 100km offshore…
BP is assessing a further phase development on its west of Shetland Clair field, which could see another new, large central processing facility built in the field. The move will seek widely spread areas of the estimated 7-8 billion barrel oil originally in place Clair field…
The Bureau of Ocean Energy Management (BOEM) released the draft supplemental environmental impact statement (SEIS) that predicts a higher exploration and production scenario than before for the Chukchi Sea Outer Continental Shelf Oil and Gas Lease Sale 193…
UK-based Ophir Energy increased its footprint offshore Gabon by signing exploration and production sharing contracts (PSC) for two additional blocks in the area. The new blocks, A3 and A4, are located outboard of Ophir's existing acreage in the North Gabon basin…
FMC Technologies Inc. signed a 10-year global frame agreement with BG Group to supply subsea equipment and services for BG developments worldwide. FMC mentioned the award from BG Group during its earnings call on 22 October 2014. This…
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
ExxonMobil started drilling the Pelican South-1 well, its third and latest prospect in the Neptun Block off Romania in the Black Sea. Pelican South-1 is being drilled by Diamond Offshore's ultra-deepwater semisubmersible Ocean Endeavor about 155km offshore…
First oil from ExxonMobil’s giant Hebron project off Newfoundland and Labrador is set for 2017. Sarah Parker Musarra received an update on the development from Geoff Parker, Hebron senior project manager, and examines its place in the Canadian energy economy…
CNOOC Ltd. made a new, “mid-to-large” discovery at Jinzhou 23-2 in Bohai, offshore China. The Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10m. The well Jinzhou…
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